acquired 100% of
2014
Advisor to the Seller
Gizem Frit is engaged in manufacture and sale of porcelain enamel, ceramic frits, aluminum frits, glass frits, pigments and non-stick coatings. Located in Türkiye, the company is amongst top three porcelain enamel manufacturers in the world. The company’s products are mainly used by manufacturers of white goods, pots and pans, tableware, ceramic tiles and water heaters. Gizem Frit exports its products to more than 55 countries. Gizem Frit recorded revenues of around US$85 million in 2014.
Ak-Kim is a Turkish manufacturer of inorganic, organic chemicals, textile auxiliaries, pulp and paper chemicals, water treatment chemicals, cement grinding and concrete admixtures. Ak-Kim is owned by Akkök Group, a leading conglomerate in Türkiye with operations in chemicals, energy, real estate and textiles industries, and a turnover of US$3.1 billion.
Ak-Kim acquired 100% of Gizem Frit.
acquired majority of
2014
Advisor to the Seller
Özsüt is one of the leading food producers and café/patisserie chains in Türkiye. Özsüt has close to 200 stores in 45 cities of Türkiye, as well as in Northern Cyprus and Azerbaijan; almost all of which is operated by its franchises. Özsüt produces cakes, dairy desserts, bakery products, ice cream, chocolate and light snack meals in its facility in Izmir and delivers them daily to its stores.
Infinity Invest Holding is one of the major groups in Türkiye with investments in energy and consumer sectors. The portfolio of Infinty Invest Holding includes Delta Rubis (the largest independent fuel storage facility in the Mediterranean) DB Tarımsal Enerji (sole producer of biodiesel in Türkiye), Delta Akaryakıt and Antoil Akaryakıt (fuel distribution companies). Infinity Invest Holding is the partner of Caffè Nero in Türkiye and the operator of its 50+ stores. Caffè Nero is a major coffee chain with over 600 stores globally.
Infinity Invest Holding acquired majority of Özsüt.
acquired 100% of
from
2014
Advisor to the Seller
Ogli owned by Otto Group is the leading e-commerce logistics services provider for online retailers in Türkiye. Ogli provides logistics services including orders handling, packaging, quality control, storage, returns management and value added services to leading customers in various verticals. Ogli has a site of 8,500 sqm in Istanbul, where it employs 150 people and can handle up to 50,000 orders per day.
Otto Group based in Germany is one of the largest retail and e-commerce groups in the world with operations in 20 countries and more than 120 companies.
Arvato, a subsidiary of German Bertelsmann, is a global provider of business process outsourcing services supporting corporate clients across a wide range of industries in nearly 40 countries.
Arvato acquired 100% of Ogli.
