Azelis Acquires PT Marga Dwi Kencana (MDK) in Indonesia

March 28, 2024

Azelis has signed an agreement to acquire 100% of the shares of PT Marga Dwi Kencana (MDK), a distributor serving the personal care market in Indonesia. The acquisition expands Azelis’ presence in Indonesia and strengthens its coverage of the high-growth personal care and broader life sciences markets, including Halal cosmetics technical expertise. The transaction is expected to close in Q2 2024, subject to customary closing conditions.

Buyers
Azelis
Targets
PT Marga Dwi Kencana (MDK)
Location
Indonesia
Transaction Type
Buyout

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