TURUNÇ has advised global automotive products supplier Valeo on the sale of its passive hydraulic actuation division to Raicam, an Italy-based producer of brakes, clutches and actuators for the automotive industry. Cleary Gottlieb Steen & Hamilton LLP was Italian counsel to Valeo. The sale was part of the merger clearance...

Two TURUNÇ lawyers recognized at International Law Office and Lexology’s Client Choice Awards 2018. We are pleased to announce that Noyan Turunç was the sole recipient of the M&A award for Turkey and Kerem Turunç the sole recipient of the Capital Markets award for Turkey in this year’s Client Choice...

TURUNÇ is advising International Container Terminal Services, Inc. (ICTSI), a global port management company headquartered in the Philippines and operating 29 ports in various countries, on its proposed 65% acquisition of Evyap Port, the fourth largest privately-owned Turkish port. Holman Fenwick Willan is acting as English counsel to ICTSI on...

TURUNÇ has advised Turkey-focused private equity fund Taxim Capital on the acquisition of a majority stake in Suwen, a lingerie and undergarment manufacturer and retailer. This is the second investment on which TURUNÇ advised Taxim Capital, having also advised the fund’s formation and its investment in BigChefs. The TURUNÇ team...

TURUNÇ authored the Turkey chapter of Getting the Deal Through’s inaugural Private M&A title. The contributing lawyers were Noyan Turunç, Kerem Turunç, Esin Çamlıbel, Grace Maral Burnett, Didem Bengisu and Nilay Enkür. The publication is a comparative guide of the regulation of mergers and acquisitions transactions relating to private companies in...

TURUNÇ has advised venture capital fund Vela Partners on its investment in Interviewing.io. With its origins in Turkey, and partners also operating in the United States and the UK, Vela Partners invests in startups across a variety of industries. Interviewing.io is a hiring platform for engineers. The TURUNÇ team was...

Kerem Turunç has published a guest editorial for the latest issue of CEE Legal Matters, a publication covering law firm news and legal developments in Central and Eastern Europe. Kerem Turunç’s editorial focuses on practicing law and doing business in Turkey and the larger CEE region. The editorial is available...

TURUNÇ has represented Rivulis Irrigation Ltd., an Israel-headquartered global micro and drip irrigation solutions provider, on its 100% acquisition of Eurodrip SA, a Greek drip irrigation solutions company, from the U.S. private fund Paine Schwartz Partners, LLC. TURUNÇ acted alongside Naschitz, Brandes, Amir & Co. as Israeli counsel and Kyriakides...

TURUNÇ has advised Peoplise, a video-based digital recruitment and human resources solutions platform serving a wide range of industries, on the investment it received from 500 Startups, a U.S.-based and globally operating venture capital fund. TURUNÇ had also advised Peoplise (then known as Elba), on the investment it received from...