acquired 100% of
2017
Advisor to the Buyer
Megacolor based in Spain is a leading manufacturer of digital inks in the world. The company manufactures and sells pigments and inkjet to ceramic industry. Megacolor has subsidiaries in Mexico and China and exports its products to more than 15 countries.
Gizemfrit 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 3 porcelain enamel manufacturers in the world. The company is owned by Akkok Group, a leading conglomerate in Türkiye.
Gizemfrit acquired 100% of Megacolor.
acquired 50% of
US$51.5 million
2017
Advisor to the Seller
Kemal Kükrer is a premium food brand in Türkiye with a product portfolio of vinegars, sauces, and pickles. Kemal Kükrer sales nearly doubled since 2014 and reached to US$23 million in 2016.
Ajinomoto based in Japan is a global manufacturer of high-quality seasonings, processed foods, beverages, amino acids, pharmaceuticals and specialty chemicals. Ajinomoto has operations in 30 countries, and had net sales US$10 billion in 2016.
Ajinomoto acquired the remaining 50% of Kemal Kükrer for US$51.5 million.
acquired majority of
2017
Advisor to the Seller
Veser is engaged in trade of chemical products serving a wide range of industries including cosmetic and detergents, food, pharmaceutical, textile and construction materials. Veser operates four warehouses in Türkiye and its 2017 turnover is around US$55 million.
Vinmar International based in US is global chemical distribution company with consolidated turnover of US$5 billion.
Vinmar International acquired majority of Veser.
