TURUNÇ has provided Turkish law advice to Balfour Beatty on the sale of its professional services division, Parsons Brinckerhoff, to WSP Global. Balfour Beatty is a UK-headquartered globally operating company focused primarily on infrastructure and construction services. WSP is Canada-headquartered multinational professional services firm focused on engineering solutions. Parsons Brinckerhoff is headquartered in New York....

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 and for download here) –...

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 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 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 on the IFLR website and...

Gümrük ve Ticaret Bakanlığı ile Maliye Bakanlığı tarafından hazırlanan Ticari Defterlere İlişkin Tebliğ (“Tebliğ”) 19 Aralık 2012 tarihli Resmî Gazete’de yayımlanmıştır. Yayımı tarihinde yürürlüğe giren Tebliğ ile tacirler tarafından fiziki veya elektronik ortamda tutulacak ticari defterlerin nasıl tutulacağı, defterlerin kayıt zamanı, onay yenileme ile açılış ve kapanış onaylarının şekli ve esasları belirlenmiştir. Konuyla ilgili bilgi...

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...