TURUNÇ has advised the private equity fund Taxim Capital on its acquisition of a 40% stake in BigChefs, a Turkish restaurant chain with an international footprint, from shareholders Gamze Cizreli and Saruhan Tan. This is the first acquisition of Taxim Capital following the first closing of its EUR 100+ million fund. The TURUNÇ team included...

TURUNÇ authored the Turkey chapter of Getting the Deal Through’s inaugural Ports & Terminals title. The contributing lawyers were Esin Çamlıbel and Grace Maral Burnett. The publication is a comparative guide of the legislation relating to ports and terminals in 22 jurisdictions. The contributing editor is Alex Kyriakoulis of HFW. The guide is available on the...

TURUNÇ has advised UK-based international coffeehouse chain Caffè Nero on the purchase of the entire equity stake held by its Turkish joint venture partner Infinity Invest in Caffè Nero’s Turkish subsidiary. As a result of the transaction, Caffè Nero Turkey has become a fully-owned subsidiary of the Caffè Nero group. The TURUNÇ team included Noyan...

TURUNÇ client PETRONAS has successfully obtained a group exemption from the Turkish Competition Board to enter into exclusive supply agreements with distributors, retailers and other buyers of lubricant products. TURUNÇ filed for the exemption and oversaw the application throughout the review process by the Competition Board. The TURUNÇ team included Noyan Turunç and Esin Çamlıbel....

TURUNÇ has advised Rultrans Trasmisyon and its shareholders on sale of Rultrans to Italy’s Megadyne. Rultrans is an Izmir-based producer of PVC and polyurethane conveyor belts. Megadyne is a manufacturer of rubber and polyurethane power transmission belts and belt systems, among other products. The TURUNÇ team included Noyan Turunç, Esin Çamlıbel, Aslı Işık and Aslı...

TURUNÇ is advising Netsis and its shareholders on the undergoing sale of Netsis to Logo, Mediterra Capital portfolio company. Netsis and Logo are the two largest enterprise application software developers in Turkey and the closing of the transaction is subject to the approval of the Competition Board. The TURUNÇ team includes Noyan Turunç, Kerem Turunç,...

TURUNÇ has advised Counsel to Eigenmann & Veronelli, an Italy-headquartered producer and distributor of fine chemicals, specialties and performance chemicals operating in numerous countries, on its majority acquisition of Parkim Parfüm, a supplier of specialty and commodity chemicals mainly for cosmetic and household market in Turkey. The TURUNÇ team included Noyan Turunç, Kerem Turunç, Esin...

TURUNÇ has advised Uyum Gıda, a publicly traded supermarket chain, and its shareholders on the sale of sale of a 47.32% equity stake to Makro Market, another supermarket chain. The closing of the transaction is subject to the Turkish Competition Board’s clearance. The TURUNÇ team included Noyan Turunç, Kerem Turunç, Esin Çamlıbel, Özlem Oğuzlar and...

TURUNÇ has sponsored the 9th Annual Asia-Pacific In-House Counsel Summit. The event was organized by asialaw (a division of Euromoney Institutional Investor) in association with the International Bar Association, Hong Kong Corporate Counsel Association and the Legal Media Group, and held in Hong Kong on March 21 & 22, 2012. Noyan Turunç, Kerem Turunç and...