Novarc SA agreed to acquire Développement Activités Chimiques Distribution from Orapi on February 18, 2019. Pierre Clocher, Salima Talbi and Thibault de Limairac of SG Corporate & Investment Banking acted as financial advisor to Orapi. Novarc SA completed the acquisition of Développement Activités Chimiques Distribution from Orapi on March 15, 2019.