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.
acquired majority of
2017
Advisor to the Seller
Mikro Yazılım is a leading enterprise application software company in Türkiye with more than 60,000 customers. Mikro Yazılım offers proprietary software products for accounting, finance, payroll, inventory management and manufacturing as well as e-transformation services for e-invoice, e-archive, e-ledger and registered e-mail.
Turkven is the leading private equity firm in Türkiye with assets under management of US$2 billion.
Earlybird is a European venture capital investor firm with assets under management of US$1 billion.
Turkven and Earlybird acquired majority of Mikro Yazılım.
