Established in 1991 Luna is the market leading supplier of smart electricity and water meters, providing high quality advanced measurement technology. Luna has a production capacity of more than 400,000 smart meters per month with 1,000 employees, more than 100 engineers, and a registered Research and Development Center in İzmir, Turkey. Landis+Gyr is the leading global provider of integrated energy management solutions for the utility sector. With sales of USD 1.4 billion in FY 2020 Landis+Gyr employs around 5,000 people in over 30 countries across five continents. This transaction will extend Landis+Gyr’s reach in new markets with Luna’s established sales channels, product portfolio, R&D expertise, and manufacturing capabilities.
Financial and strategic advisor to Luna and its selling shareholder
Servizi Italia, an Italian company, has acquired a portion of Ankateks' health division. Buyer is the leader in Italy in the integrated services of rental, laundry and sterilization of textile and surgical instruments for hospitals. Ankateks is the Turkish market leader in the laundry sector for health facilities, operating mainly in the Ankara and Izmir areas, primarily with the Ankara Laundry Group brand. The complex transaction involved transfer of assets, contracts, employees to one company. It will allow Ankateks to make the most of the growth and consolidation opportunities that a rapidly developing Turkish market offers and will serve the company's vision of consolidating the Turkish market to become the undisputed market leader.
Financial and strategic advisor to Ankateks and its selling shareholders
Stryker, one of the world's leading medical technologies companies, has acquired 100% of Muka Metal. Since launching its first hospital bed in 2002, Muka Metal has established itself as a leading manufacturer and marketer of hospital beds, stretchers and related patient room furniture and accessories. Headquartered in Kayseri since its founding, Muka finished construction of a modern, state of the art facility located in the Kayseri free trade zone in 2014. The buyout will expand Stryker’s presence in Turkey as well as Latin America while also providing a product portfolio that complements and enhances Stryker's current offerings.
Financial and strategic advisor to Muka Metal and its selling shareholders
Business Integration Partners (BIP), the leading Italian consulting company active in 10 different countries with more than 1000 professionals, has acquired a majority stake in Cluster Alliance, Turkey based boutique strategic consulting firm. Post-acquisition, founding shareholders will remain in active management of the company which will operate as a subsidiary of BIP.
Financial and strategic advisor to Cluster Alliance
OGLI e-Solutions Platform has been sold by the Otto Group and Limango Turkey to Arvato, the business services operations of Bertelsmann.
Established in 2012, OGLI is the first solely dedicated order fulfillment service provider for online retailers, responsible for shipping of goods, and providing services such as order handling, storage, quality control / value added services, and returns management.
Arvato is a global provider of Business Process Outsourcing (BPO) services, supports business / B2B clients across a wide range of industries in nearly 40 countries. In Turkey, Arvato has been active since 2004, and employs 2,000 people in 7 locations, providing CRM, supply chain management and IT services to energy, media, telecom, IT/high-tech and e-commerce clients.
Financial and strategic advisor to Arvato Bertelsmann
Rosti Group, the Sweden based manufacturer of injection-moulded plastic products for a number of industries has acquired a majority stake in Tebplast Plastik San.Tic.A.S, the Turkey based plastic moldings company from the Teber family, for an undisclosed consideration. Tebplast currently has 110 employees. The transaction is in line with Rosti's growth strategy to reach EUR 600m in sales by 2016. Post acquisition, the Teber family will remain as shareholders and the Tebplast will operate as a subsidiary of Rosti under the company name Rosti Tebplast.
Financial and strategic advisor to Rosti Group
Netlog Logistics Group, leader in the Turkish logistics market, has acquired 80% stake of Anele, a food, non-food distributor and supply chain manager for international remote site, shipping and airline catering industries in a wide geography.
Financial and strategic advisor to Anele and its shareholders
Legrand, worldwide specialist in electrical and digital infrastructure for buildings, has acquired Inform Elektronik, market leader in the Turkish uninterrupted power supply (UPS) market. Inform Elektronik designs, manufactures and sells UPSs, voltage regulators, DC power supply systems, inventors, rack cabinets and other electrical products and electronic equipment.
Financial and strategic advisor to Inform’s shareholders
Kayalar Kimya, leader in the Turkish industrial furniture paint and varnish market, has acquired 50% remaining shares of Düfa – Meffert, a prominent Turkish decorative coatings firm, from Meffert AG, Germany based international coatings company. Established in 2005 as a joint-venture between Kayalar Kimya-Meffert AG, Dufa is one of the leading companies in the Turkish decorative coatings market. As per the transaction terms, Kayalar Kimya has production and sale rights of Düfa in 20 countries including Turkey. Kayalar’s turnover exceeded EUR 70 mn in 2009.
Advisor to buyer, Kayalar Kimya
Dresser, Inc. a leader in providing highly engineered infrastructure products for the global energy industry, has acquired iMeter B.V. a global supplier of natural gas metering equipment. iMeter B.V., Kale Holding’s subsidiary based in the Netherlands, manufactures and markets rotary and turbine gas meters, meter instrumentation and meter calibration systems for the natural gas industry. iMeter B.V. was known for its innovative product design capabilities and engineering expertise. In this complex transaction, together with our sister Dutch investment bank, we coordinated a competitive sale process with multi bidders, keeping the varying interests of our Turkish client and its Dutch partners.
Financial and strategic advisor to the seller, Kale Group
Alfa Alfa Sınai Yatırım (Alfa Celik), a steel structure designer and producer of Turkey, has been sold to Zeman International, one of the largest steel constructors in Europe.
Sell side financial and strategic advisor to Alfa Celik
SFA – Frigoglass Frigoglass, world’s largest producer of beverage refrigeration equipment, acquired 86% stake of SFA Coolers, Turkey’s leading commercial refrigeration manufacturer. Two years before this transaction, SFA was in deep financial distress, under bankruptcy protection with excessive debt, insufficient assets and cash flow to sustain this debt level. It was saved, and financially restructured by our efforts by bringing a financial investor.
Financial and strategic advisor to the SFA
Legrand, worldwide specialist in products and systems for electrical installations and information networks, headquartered in France, has acquired Estap, the leading Turkish manufacturer of 19 inch racks and cabinets, which are used in IT industry.
Financial and strategic advisor to Estap
One of the most important deals we have performed was selling our corporate finance boutique, PDF Corporate Finance to Bahrain based investment bank, TAIB. That is why we truly know and understand what it means to sell one's own company and how our clients feel throughout the deal.
Akzo Nobel, the largest global paints and coatings company and the leading producer of specialty chemicals, sold its 43.5% stake in DYO Matbaa Murekkepleri (DYO Printing Inks), which is the leader in the printing inks market in Turkey, to Yasar Group.
Financial and strategic advisor to Akzo Nobel
A joint venture was formed between Tibbet & Britten and Yurtici Group to acquire Yurtici Logistics from Arikanli Holding. Tibbet & Britten Group plc was a logistics company based in the United Kingdom. After the Yurtici Logistics transaction, in 2004 T&B was acquired by Exel, which was later acquired by Deutsche Post.
Financial and strategic advisor to Arikanli Holding and Yurtici Logistics
Nexus was formed in 2002 by the merger of Barkod (founded 1988) and Porcan (founded 1986), two leading companies in the Automatic Data Capture industry in Turkey. Being the first true merger in the Turkey, Nexus brought under the same roof the vast experience, resources, and know-how of both companies. After the merger, Nexus offered solutions in the areas of; automatic data capture, supply chain management, asset management, field service management and served numerous companies in the manufacturing, logistics, FMCG, retail, finance, telecommunications, health and government sectors.
Advisor to Barkod shareholders