Gide's affiliated firm in Turkey, Ozdirekcan Dundar Senocak, has advised Schindler Turkeli on the acquisition of 100% of the shares of OM Elektrik Makina Sanayi ve Ticaret A.S.
The closing took place after obtaining approval from the Turkish Competition Authority.
Schindler Turkeli is an affiliate of the Swiss multinational Schindler Group, which manufactures escalators, moving walkways, and elevators.
OM Elektrik Makina is a Turkish company manufacturing and commercializing elevators.
According to Gide, “this acquisition will allow Schindler Turkeli to operate with its own domestic production facility and to produce assemble specific elevator (i.e. package elevator) components in Turkey.”
ODSA’s team included Partner Arpat Senocak and Senior Associates Pinar Dilek and Iklim Aytekin.
Gide did not reply to our inquiry on the matter.