BNP Paribas Germany News & Press
January 19, 2007 -

BNP Paribas, sole financial advisor to Cognetas in the sale of Azelis Group

Forward to a friendForward to a friend PrintPrint

Last December, the private equity firms Cognetas (formerly Electra Partners) and 3i signed an agreement under which 3i will acquire the shares of Azelis S.A for €315m.

Azelis is a leading pan-European specialty chemicals distributor, which operates as the outsourced sales force for the lower volume clients of large producers of specialty chemicals. Cognetas is a well-established independent private equity investment firm with a long track record of investing in the European mid-market.

BNP Paribas Corporate Finance acted as sole financial advisor to Cognetas for