Paksoy and Esin Attorney Partnership Advise on PSA Group Take-Over of Citroen Distribution in Turkey

Paksoy and Esin Attorney Partnership Advise on PSA Group Take-Over of Citroen Distribution in Turkey

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Paksoy has advised the PSA Group on taking over the distribution of Citroen brand vehicles in Turkey from Baylas Otomotiv. The Esin Attorney Partnership advised Baylas Otomotiv on the sale, which was signed on January 26, 2019.

PSA Group took over distribution and after-sales services of Citroen brand vehicles through its Turkish subsidiary Group PSA Otomotiv Pazarlama A.S

According to Paksoy, upon completion of the deal, all PSA Group brands, including Peugeot, Citroen, DS, and Opel, will be distributed in Turkey by the group.

Paksoy’s team was led by Partner Togan Turan, supported by Counsel Serdar Ildırar and Senior Associate Yasemin Semiz.

The Esin Attorney Partnership team consisted of Partners Ismail Esin and Koray Sogut and Associate Ozan Kesim.