Pelister Atayilmaz Enkur has advised the Greece's Elton Group on the acquisition of the final 20% of Turkish chemical resellers Elton Marmara Kimya Sanayi ve Ticaret Anonim Sirketi from the Senlen Family. PwC Legal advised the Senlen Family on the deal.
The Elton Group is an agent and distributor of industrial raw materials in Greece and the Balkans.
In 2015, the Elton Group acquired a 70% stake in Elton Marmara, and expanded that ownership to 80% following a recent capital increase. This recent acquisition, of the final 20%, was initiated in 2019.
Pelister Atayilmaz Enkur’s team was led by Partner Gokhan Enkur and included Senior Attorney Senem Sarac and Attorney Mehmet Ali Sertac Kocahal.
PwC Legal’s team was led by Legal Director Yavuz Dayioglu and Partner Nilgun Simsek.