acquired 46% of
2008
Advisor to the Seller
Step is the leading contemporary carpet retailer in Türkiye. The Company has a turnover of over US$35 million in 2008. Step has an extensive retail network in Türkiye and is developing an increasing presence in international markets through its flagship store in London, its franchisees in the Middle East and South Africa, and corners at Harrods of London, Lutz of Austria, ABC of USA, etc.
Swicorp Private Equity is a leading private equity firm with a specific regional focus on the Middle East and North Africa (MENA) region. Since 2005, Swicorp raised nearly US$1.4 billion in private equity funds from Middle East based investors.
Swicorp acquired 46% of Step Carpet.
acquired 100% of
US$44 million
2008
Advisor to the Seller
Altıntel Port, located at Dilovasi, 60 km east of Istanbul, covers an area of 115,000 sqm. The Port has a single jetty, as well as 44 storage tanks with 45,000 cbm total capacity. The company is in the process of building 9 new tanks, which would increase the storage capacity to over 60,000 cbm.
Arkem is a regional distributor of chemicals handling more than 200 products.
Arkem acquired 100% of Altıntel Port.
acquired 100% of
2008
Advisor to the Seller
Betasan is the market leader in Turkish wound care market. Betasan’s product portfolio consists of mainly first aid strips, plasters (surgical tapes), capsicum plasters, elastic and gauze bandages and wound dressings.
PiLS is a private equity investor established in January 2006, specializing in the healthcare industry. The fund, focused solely on healthcare, has invested in the pharmaceutical sector through a number of transactions, total value of which represented approximately €220 million, within the first year of operation.
Münir Şahin İlaç, a portfolio company of Partners in Life Sciences (PiLS), acquired 100% of Betasan.
