LODOS MADENCİLİK
acquired 85% of
2015
Advisor to the Buyer
Hisar Çelik is a fully integrated foundry, machine shop and heat treatment facility manufacturing undercarriage parts for heavy mining machines and cranes as well as rolls for steel mills. Hisar Çelik is one of the few high quality suppliers for its product groups worldwide thanks to its know-how. It exports more than 95% of its production and is consistently among the top 1000 largest exporters in Türkiye. Hisar Çelik has over 350 employees.
Lodos, a fully owned subsidiary of Pragma acquired 85% of Hisar Çelik.
acquired 80% of
2015
Advisor to the Seller
İdea Yapı Kimyasalları (“İdea”), is a leading cement grinding aids and concrete admixtures producer in Türkiye.
Fosroc is specialized in cement additives, concrete admixtures, waterproofing membranes, grouts and repairs, sealants, coatings and flooring. As a subsidiary of Dubai based JMH Group, Fosroc has around US$500 in revenues and is active in Europe, Asia, Middle East, India and Far East.
Fosroc acquired 80% of İdea.
acquired majority of
2015
Advisor to the Seller
Olgar Group, is a retailer and distributor of sports and lifestyle products in Türkiye. The Company with its 22 SPX stores, 7 Vault stores and one Quiksilver store, is one of the leading retail groups in Türkiye. The company is also the exclusive distributor of leading sports and lifestyle brands such as Merrell, Salomon, Billabong and Quiksilver in Türkiye.
Global Capital Management, the alternative asset management arm of Global Investment House, is a leading alternative asset management firm in the MENA region. It continues its operations with a team of more than 20 professionals based in Kuwait, Dubai, Cairo and Istanbul offices.
Global Capital Management acquired majority of Olgar Group.
