acquired 100% of
2013
Advisor to the Seller
Rultrans is the leading distributor of power transmission belts as well as a producer of PVC and PU coated conveyor belts in Türkiye. Rultrans has over 100 employees in its production facility in İzmir and offices in İstanbul, Bursa, Adana and Çorlu. Rultrans serves a wide range of industries including food, automotive, tobacco, logistics, textile and paper & printing, and exports its products to more than 40 countries.
Megadyne based in Italy is one of the leading producers of polyurethane belts, rubber belts and pulleys with consolidated revenues of over €200 million and 1,400 employees. Megadyne has production plants in Italy, France, Germany, USA, Spain and China. Megadyne is majority owned by the founding Tadolini family and partly invested by Fondo Italiano d'Investimento, a private equity fund.
Megadyne acquired 100% of Rultrans from Çukurel family. As part of the transaction, Çukurel family has also acquired a minority stake in Megadyne.
acquired 51% of
2013
Advisor to the Seller
Mars is a leading logistics company in Türkiye providing services in international land transportation, warehousing, air & sea forwarding, etc. Mars has recently introduced multimodal solutions further strengthening its coverage in Europe. Mars’ client portfolio of over 8,000 accounts includes but is not limited to the leading multinational companies such as Renault, Inditex, Mango, Bosch Siemens, Daikin, L’Oreal and Atlas Copco.
Hitachi Transport System, a subsidiary of Hitachi, one of the World’s largest holding companies, is a leading Japanese logistics company. With consolidated revenues of over €5 billion, HTS carries out its operations through its 27 companies and 364 offices in Japan and 73 companies and 343 offices outside of Japan. As of the end of March 2013, total consolidated asset size of HTS was around €3.1 billion.
Hitachi Transport System acquired 51% of Mars.
acquired 100% of
€36.5 million
2013
Advisor to the Seller
Penkon is a leading fruit concentrate producer in Turkish and export markets. The Company has a facility in Çivril, Denizli which has a processing capacity of 100,000 tons per year. Penkon in jointly owned by Gençoğlu Holding, the major shareholder of publicly listed food company Penguen and ADM Capital, a private equity fund investing in Asia and Central and Eastern Europe,
ADM Capital has US$ 1.6 billion in assets under management and US$ 450 million investment in Türkiye.
Anadolu Etap, owned jointly by Anadolu Group, is part of one of the largest conglomerates in Türkiye, Özgörkey Holding, active in the beverage industry as well as printing and packaging, and the Cutrale Group, one of the largest global fruit juice producers based in Brazil, which is engaged in fruit plantation and production of fruit purees and concentrates and is one of the leading suppliers of the fruit juice sector in Türkiye and worldwide.
Anadolu Etap acquired 100% of Penkon for €36.5 million.
