• Novasol Chemicals, backed by Hivest Capital Partners, bought a majority stake in Istanbul-based specialty chemicals distributor ATS.
• ATS, founded in 1987, generates about €25 million in revenue and employs around 25 people.
• The seller kept a minority stake; General Manager Emel Babacan Gürbıyık will continue to lead the business.
• The deal expands Novasol’s Middle East footprint, adding technical and regulatory capabilities in life sciences specialties.
• It marks Novasol’s first acquisition since Hivest joined its share capital in December 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hivest Capital Partners SAS published the original content used to generate this news brief on October 12, 2026, and is solely responsible for the information contained therein.