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...

Elektronik ticaret çerçevesinde hizmet sağlayan şirketlerin ticari iletişimine ilişkin esas ve usulleri ve hizmet sağlayıcıların sorumluluklarını düzenleyen Elektronik Ticaretin Düzenlenmesi Hakkında Kanun (“6563 Sayılı Kanun”) 1 Mayıs 2015 tarihinde yürürlüğe girecektir. Söz konusu Kanun, ticari faaliyetlerini elektronik ortamda yürütmekte olan tüm işletmeler bakımından bazı yükümlülükler getirmektedir. 6563 Sayılı Kanun’un elektronik ticaret kapsamına dahil ettiği faaliyetler...

TURUNÇ has advised BRN Sleep Products on the sale of a minority stake to the European Bank for Reconstruction and Development (EBRD) and The Abraaj Group. EBRD is an multilateral developmental bank focused on supporting the development of market economies. Abraaj is a private equity fund focused primarily on growth markets, and invested in BRN...

TURUNÇ has advised CEE-focused private equity fund Royalton Partners on its acquisition, through its portfolio company IUS Legal and Business Solutions, of On İki Levha, a legal publisher. IUS is a provider online legal research tools in Slovenia and Croatia, and plans to offer its services in Turkey through On İki Levha. This is the...

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...

Esin Çamlıbel authored the Turkey chapter of the fourth edition of The Private Competition Enforcement. The book is a multijurisdictional guide to private antitrust litigation in 24 jurisdictions. The contributing editor is Ilene Knable Gotts of Wachtell, Lipton, Rosen & Katz. You can download the Turkey chapter here. Please see our Publications page for other downloads. Reproduced with...

TURUNÇ is acting as Turkish deal counsel in Sealed Air’s proposed $4.3 billion acquisition of Diversey Holdings. The closing of the transaction in expected to happen in 2011 after receipt of customary regulatory approvals. Diversey is a global commercial cleaning, sanitation and hygiene solutions provider. Sealed Air is a global manufacturer of packaging, and performance-based...

Esin Çamlıbel authored the Turkey chapter of the third edition of The Private Competition Enforcement. The book is a multijurisdictional guide to private antitrust litigation in 24 jurisdictions. The contributing editor is Ilene Knable Gotts of Wachtell, Lipton, Rosen & Katz. You can download the Turkey chapter here. Please see our Publications page for other downloads. Reproduced with...