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....

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...

TURUNÇ has sponsored The 2014 Guide to Turkey supplement of the International Financial Law Review (IFLR) magazine, and TURUNÇ lawyers have authored the following articles for the supplement: – “Laying the Groundwork” by Kerem Turunç: A summary of some recent changes to Turkish securities regulation (available on the IFLR website...

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...

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...

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...

TURUNÇ has sponsored The 2013 Guide to Turkey supplement of the International Financial Law Review (IFLR) magazine, and TURUNÇ lawyers have authored the following articles for the supplement: – “A Maturing Market’” by Noyan Turunç and Kerem Turunç: An overview of recent developments in the Turkish private equity market (available...

Kerem Turunç will be one of the speakers at IBC’s Servicing Clients from High Growth Economies Conference on March 12, 2013 in London. The conference will host various panels on high growth economies, with a focus on high net worth individuals, different asset classes, fund structures and tax issues, among...

TURUNÇ will be one of the sponsors the European In-House Counsel Summit, organized by the International Financial Law Review (IFLR). The event will be held in London on January 24, 2013 and bring together private practitioners and corporate counsel from around the continent. The topics to be discussed at the...