Gide Loyrette Nouel and its associated firm in Turkey, Ozdirekcan Dundar Senocak, both working with lead counsel Chiomenti, have advised Carel on its acquisition of a 51% stake in CFM Sogutma ve Otomasyon A.S. The Esin Attorney Partnership advised the seller on the deal.
CFM is a provider of digital and on-field services and solutions to contractors and end users in the Turkish heating, ventilation, and air conditioning, and refrigeration market.
Carel is a privately-held provider of air-conditioning, refrigeration, and heating systems, as well as systems for humidification and evaporative cooling. The company was founded in 1973 and is headquartered in Brugine, Italy.
Gide and ODS’s team consisted of Partner Arpat Senocak and Associate Iklim Gulsun Aytekin.
Chiomenti’s team included Partner Corrado Canziani and Associates Silvia Colomba and Benedetta Gizzi.
The Esin Attorney Partnership’s team was led by Partner Duygu Turgut and included Associates Serenay Cinki, Erman Ertan, and Sam Gizem Sozer.