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EQT completes sale of shares in Azelis Group NV

  • The sale resulted in aggregate gross proceeds of c. EUR 366 million, of which EQT received c. EUR 333 million

Akita I S.à r.L., an entity indirectly controlled by an affiliate of the fund known as EQT VIII (“EQT”) is pleased to announce the completion of the sale (the “Sale”) of 20 million shares in Azelis Group NV (EBR:AZE) (the “Company”) for aggregate gross proceeds of c. EUR 366 million. As part of the Sale, EQT will receive gross proceeds of c. EUR 333 million. The Sale was completed on February 28, 2025. BNP Paribas, Goldman Sachs and J.P. Morgan acted as joint global coordinators for the Sale.

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EQT Press Office, [email protected]

About EQT

EQT is a purpose-driven global investment organization with EUR 269 billion in total assets under management (EUR 136 billion in fee-generating assets under management), within two business segments – Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia-Pacific and the Americas and supports them in achieving sustainable growth, operational excellence and market leadership.

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About Azelis

Azelis is a leading global innovation service provider for the specialty chemicals and food ingredients industry. The Company serves more than 63,000 customers who benefit from its application know-how, technical support and have access to a wide product portfolio from more than 2,800 specialty raw material producers. The company has more than 4.200 employees and is present in over 65 countries, with 70 application laboratories globally.

This press release does not constitute an offer of securities for sale in the United States or elsewhere. Securities may not be offered or sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration. There will be no public offering of any of the securities mentioned in this press release in the United States.

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