Azelis Group NV (ENXTBR:AZE) agreed to acquire Specialty lubricant (L&MWF1) distribution assets from Aktas Dis Tic. A.S. and WhiteChem SA on June 30, 2022. The transaction includes the oil additive business of Ak-tas as well as the base oil distribution business of Whitechem, a subsidiary of Ak-tas. The transaction is expected to close in the third quarter of 2022, after fulfilment of customary closing conditions.