Coventya Beteiligungs GmbH completed the acquisition of 80.6% stake in Politeknik Metal Sanayi ve Ticaret A.S. from Atila Yaman, Nilgun Yaman, Mesut Akkaya, Filiz Akkaya and Melissa Bahar Akkaya.
February 01, 2017
Share
Coventya Beteiligungs Gmbh signed an agreement to acquire 80.6% stake in Politeknik Metal Sanayi ve Ticaret A.S. (IBSE:POLTK) from Atila Yaman, Nilgun Yaman, Mesut Akkaya, Filiz Akkaya and Melissa Bahar Akkaya for €12.1 million on December 21, 2016. Ozgur Guner of EGM Finansal Danismanlik A.S. acted as financial advisor, Thomas Forschbach and Michel Houdayer of Latham & Watkins Schön Nolte and Elvan Aziz, Omer Collak, Nazli Bezirci, Okkes Sahan and Yasemin Ozman of Paksoy Ortak Avukat Burosu acted as legal advisor, Marc-Olivier Roux and Lucie Lebreton of PricewaterhouseCoopers AG Wirtschaftsprüfungsgesellschaft and Tayfun Pisirir of KPMG LLP acted as accountant and Sébastien David of Advancy acted as management consultant for Coventya. Tolga Ismen acted as legal advisor to Atila Yaman, Nilgun Yaman, Mesut Akkaya, Filiz Akkaya and Melissa Bahar Akkaya. Matthieu Roy of Gide Loyrette Nouel A.A.R.P.I. acted as legal advisors to Coventya.
Coventya Beteiligungs GmbH completed the acquisition of 80.6% stake in Politeknik Metal Sanayi ve Ticaret A.S. (IBSE:POLTK) from Atila Yaman, Nilgun Yaman, Mesut Akkaya, Filiz Akkaya and Melissa Bahar Akkaya on February 2, 2017.
Politeknik Metal Sanayi ve Ticaret AS is a Turkey-based company engaged in the aluminum finishing industry. Its aluminum surface treatment chemicals includes anodizing chemicals, such as alkaline degreaser, long lasting matting, electrolytic polishing, electrolytic coloration, inorganic tinting, fixing and supplementary materials, as well as power coating pretreatment chemicals, such as acid degreasing and etching, acidic etching, alkaline degreasing, long lasting matting, chromate conversion coating and chrome-free coatings. Its anodizing plant equipment include anodizing tanks, anodized cranes, loading and unloading lifts, chiller and cooling tower, cooling kits, acid pump, plate heat exchanges, hot water and steam boilers, anodizing rectifiers, coloring transformers, pneumatic compression pistons, blower, water treatment systems, filter pumps, acid recovery system, automatic chemical dosing, ventilation, waste water treatment and automation systems, filter press and accessories.
Coventya Beteiligungs GmbH completed the acquisition of 80.6% stake in Politeknik Metal Sanayi ve Ticaret A.S. from Atila Yaman, Nilgun Yaman, Mesut Akkaya, Filiz Akkaya and Melissa Bahar Akkaya.