Gessel has advised Finnish plastics and chemicals distributor Telko on the full acquisition of specialty chemical raw materials distributor Eltrex in Poland.
Eltrex distributes specialty chemical raw materials and industrial packaging. The company's offer is aimed primarily at manufacturers of coatings, decorative, and industrial flooring, as well as manufacturers of household, automotive, and construction chemicals.
Finland-based Telko Oy is part of the Aspo Group and is a distributor of plastics, chemicals, and lubricants with a presence in more than 20 countries.
Gessel’s team included Partner Maciej Kozuchowski, Managing Associate Bartlomiej Wozniak, and Senior Associates Diana Strzalkowska and Katarzyna Olszak.
Gessel did not respond to our inquiry on the deal.