acquired 100% of
Balabanlı WEPP
from
2011
Advisor to the Buyer
Balabanlı Wind Energy Power Plant (“Balabanlı WEPP”) is owned by RES and is located 16 km northeast of Tekirdağ. Balabanlı WEPP is expected to have average annual generation of 152 GWh with 28 turbines with a capacity utilization ratio of 35%.
RES is one of the world's leading renewable energy developers with a portfolio of more than 5,000 MW constructed and several thousand MWs under construction and in development. RES is also an independent power producer owning a portfolio of projects over 700 MW.
Borusan EnBW was established in 2009 by Turkish Borusan Holding and German EnBW AG. Borusan Holding is one of the leading industrial and services groups in Türkiye which is active in power, steel, distributorship and logistics fields with consolidated revenues of US$3.5 billion in 2010. EnBW is the third largest energy company in Germany with its 6 million customers and more than €17 billion revenues in 2010.
Borusan EnBW acquired 100% of Balabanlı WEPP from RES.
acquired 80% of
2011
Advisor to the Seller
Bıçakçılar is one of the leading medical products companies, with annual revenues of US$61 million, in Türkiye. Bıçakçılar is primarily engaged in manufacturing and sales of medical disposables and equipment, and importing and distribution of cardiovascular and neurosurgery products of leading multinationals such as St. Jude Medical, Sorin Group, Medtronics, Serres and CryoLife. In the domestic market, Bıçakçılar enjoys dominant market position in most of its product groups. In addition, Bıçakçılar exports its products to more than 70 countries.
Global Capital Management Ltd (“GCML”) is the alternative asset management arm of Global Investment House, a leading alternative asset management firm in the MENA region. It continues its operations with a team of more than 30 professionals based in Kuwait, Dubai, Cairo and Istanbul offices.
Global Capital acquired 80% of Bıçakçılar.
acquired 100% of
2011
Advisor to the Seller
Volt is a leading manufacturer of electric motors in Türkiye. The Company’s product line mainly includes asynchronous single phase motors, asynchronous single phase centrifugal pump motors, asynchronous single phase centrifugal pump motors with run capacitors, asynchronous three phase motors, asynchronous three phase centrifugal pump motors, and special purpose motors. Operating with more than 200 employees in its 28,000 sqm state-of-the art manufacturing plant in İzmir, the Company has an estimated market share of ca. 30% in the small electric motors segment.
Saya Group (also known as Folkart Group in real estate development business) was established in early 2006 by Sancak family with a view to replicate the family's success in the pharmaceuticals and cosmetics sectors within Hedef Group.
Saya Group acquired 100% of Volt.
