Page 41 - TURKRptOct22

5.2 FDI
Major M&As in Turkey
Date
Sold
Stake
Price
Buyer
Seller
Oct-22
Hyve Fuarcilik
full
GBP8mn
ICA (JV) Limited (UK)
Hyve Group (London/HYVE)
Sep-22
Zorlu Enerji (ZOREN)
12%
$38mn
Wren (Kuwait Investment Authority)
Zorlu Holding
Sep-22
ZES (Zorlu Energy Systems)
50%
$50mn
Wren (Kuwait Investment Authority)
Zorlu Holding
Sep-22
Oplog
-
€11mn
Esas Ventures
Seed round
Sep-22
Rosier (Belgium)
98%
€35mn
Yildirim Holding
Borealis (Austria)
Q4-2022
Telform
100%
-
Lejofors (Beijer/Stockholm/BEIA-B)
-
Sep-22
VavaCars
-
$37mn
Vitol (Switzerland)
Series C
Sep-22
Eurasia Tunnel (Avrasya Tuneli Isletme/ATAS)
25%
$160mn
Qatar Investment Authority (QIA)
SK(Seoul/034730)
Jun-22
Fimple
-
$2mn
APY (Albaraka/ALBRK), Tera Portfoy, KT Portfoy
Pre-seed round
Sep-22
Armut
merger
€15mn
ProntoPro (Italy)
merger
Q4-2022
VHS Plastik
100%
-
Assa (Stockholm/ASSA-B)
-
Aug-22
BGC Partners Menkul
100%
-
Tera Yatirim
BGC (Nasdaq/BGCP)
Aug-22
Goztepe
70%
-
Sport Republic (UK, Solak/Serbia, Ankersen/Denmark)
Mehmet Sepil
Aug-22
Egeli Egesan
75%
-
Tyrolit (Austria)
-
Sep-22
Dagalti
100%
-
Azelis (Brussels/AZE)
-
Aug-22
Halilaga Gold Mine
40%
$22mn
Cengiz
Liberty (Toronto/LGD)
Aug-22
Aztek (AZTEK)
25%
TRY273mn
IPO
Owners
Aug-22
Hidropar (HKTM)
34%
TRY132mn
IPO
Owners
Aug-22
Kalyon Enerji
50%
$490mn
IHC (Abu Dhabi/IHC)
Kalyon Holding
Aug-22
Agave Games
-
$7mn
Balderton, Felix, 500 Istanbul
Seed round
Jul-22
Sakarya EDAS (Akcez)
50%
-
Baskentgaz (BASGZ) - Torunlar Group
CEZ (Prague/CEZ)
Jul-22
Noriel (Romania)
full
-
Sunman (Toyzz)
Enterprise Investors (Poland)
Jul-22
Appsilon Scientific
-
€13mn
Esas Ventures
Venture round
2025
Mayen Telekomunikasyon
20%
CALL OPTION
Majorel (Amsterdam/MAJ)
Oktay Erciyaz,Soner Cesur
H1-2023
PowerDev (US)
PLAN
PLAN
PLAN
Funding round
Q1-2023
Bankhaus J. Faisst (Germany)
100%
€9mn
Yapi Kredi (YKBNK)
Astrid Ines Faisst, Johannes Michael Ludwig, Peter Ludwig
Dec-22
SISE/TSKB/ANHYT/ISFIN/I SGYO/ISMEN
-
TRY1bn
Isbank (ISCTR)
buyback
Dec-22
Tiplay Studio
PLAN
$10mn
PLAN
PLAN
2022
Massive Bio (US)
TARGET
$30mn
TARGET
Series B
2022
PackUpp
PLAN
PLAN
PLAN
New funding round
2022
Navlungo
CLOSING
$1mn
CLOSING
CLOSING
2022
Dusyeri
SOON
SOON
SOON
Series A
2022
Zade Vital
SOON
SOON
Re-pie
-
H1-2022
McDonald's Turkey
100%
$55mn
Boheme Investment (Austria/Qatar)
Anadolu Holding (AGHOL)
Q3-2022
Techsign
-
-
-
Bridge round
Jul-22
4 Boeing (New York/BA) 737 (B737-800NG)
full
$75mn
Siskin, Wren (Kuwait Investment Authority), Magpie, Jackdaw
Pegasus (PGSUS)
41 TURKEY Country Report October 2022 www.intellinews.com