Turkey: Esin Attorney Partnership Advises Cargill On Acquisition Of Majority Stake In Ekol Gida
Last Updated: 22 September 2015

Istanbul, Turkey, 22 September 2015 – Cargill's animal nutrition business acquires majority stake in Ekol Gida, a leading marketer of premixes and feed additives in Turkey.

"We are pleased to continue our firm's relationship with Cargill by advising them on a strategic acquisition which marks Cargill's entrance into the animal nutrition business in Turkey. This acquisition will further enhance Cargill's already leading position in the animal nutrition business, especially in the surrounding region," commented Partner Duygu Turgut.

A team of lawyers from Esin Attorney Partnership, a member firm of Baker & McKenzie International, advised Cargill Holdings B.V. on the acquisition of 51% of the issued share capital of Ekol Gida Tarim Ve Hayvancilik Pazarlama Sanayi Ve Ticaret Anonim Sirketi (Ekol Gida). The deal was signed on May 26, 2015 and closed on September 4, 2015.

The deal was led by M&A Partner Duygu Turgut with support from Associate Orcun Solak in Istanbul. The Firm's competition team led by Zumrut Esin and Hakki Can Yildiz advised on the competition law aspects of the deal.

The Firm previously advised Cargill Tarım Sanayi ve Ticaret A.Ş., Cargill's Turkish subsidiary, on the acquisition of Alemdar Kimya Endustrisi A.S., a Turkish oleochemical production company.

Cargill is one of the world's largest, privately-owned businesses, providing food, agricultural, risk management, financial, and industrial products and services around the globe. Animal feed & nutrition is one of Cargill's core businesses.

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