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Metafor WPP & Yakaağzı WPP

Advisor to the Seller

Göktekin Enerji is an engineering company providing EPC services in renewable energy industry.  The company carries out projects and investments across Türkiye, primarily in industrial-scale solar power plants, as well as wind and biomass energy plants. Göktekin Enerji owned Metafor WPP and Yakaağzı WPP with a total installed capacity of 83.3 MW.

İş Enerji, a subsidiary of İş Bank, is a renewable power generation company with an installed capacity of 1000 MW.

İş Enerji acquired Metafor WPP and Yakaağzı WPP.

€25 million
long-term debt financing

Advisor to the Company

BEST is the largest power and distribution transformer manufacturer in Türkiye with a turnover of €500 million in 2024. With more than 1,500 employees, BEST exports approximately 70% of its production to 85 countries. In addition, it is a leading player in Middle East & Northern Africa, CIS Region and Europe.

Industrial Development Bank of Türkiye (“TSKB”) supplied €25 million long-term debt financing for its investment in a new transformer test laboratory and a medium-term working capital facility.

acquired 100% of

Advisor to the Seller

Kimteks is a leading Turkish chemical distributor with a special focus on sourcing, marketing and selling chemicals that mainly cater to plastics & PU, liquid & powder coating, and rubber & adhesive markets.

Renkim specializes in providing agency services to international chemical companies in the Turkish market since its establishment in 1987.

Ravago is one of the world’s leading groups specialized in manufacturing, recycling, distribution and sales of polymers, chemicals & life ingredients, and building materials. Ravago currently operates more than 45 manufacturing facilities and 325 locations across 65+ countries with its 9,000 employees.

Ravago acquired 100% of Kimteks and Renkim.