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Moral and White & Case Advise on Sale of Tozmetal to GKN

Moral and White & Case Advise on Sale of Tozmetal to GKN

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Moral Law Firm has advised the Kardesler Family on the sale of Tozmetal Ticaret ve Sanayi A.S., a powder metallurgy parts manufacturer focusing on hydraulic pump components for the European automotive market which reported sales of EUR 24 million in 2016, to GKN, a premier manufacturer of oil pumps and powder metal components. The Cakmak-Gokce Attorney Partnership, the Turkish arm of White & Case, advised GKN on the deal.

The Moral team consisted of Partners Serkan Pamukkale and Vefa Resat Moral, Senior Associate Karaca Kacar, and Associates Melis Menku and Eylul Bengisu Gumus.

The Cakmak-Gokce team was led by Partners Asli Basgoz and Emre Ozsar and included Partner Rozita Borden and Associates Eylul Topanoglu, Idil Kalaycioglu, Elif Berberoglu, and Yael Yahya, as well as Can Argon and Gultekin Can.