Paksoy has advised IMCD N.V., a distributor of speciality chemicals and food ingredients, on its acquisition of 100% of Istanbul-based Feza Kimya Ic ve Dis Ticaret Anonim Sirketi from the Bozkurt family. De Brauw Blackstone Westbroek acted as foreign counsel to IMCD on the deal, and the Yurttutan Gurel Yoruker law firm advised the Bozkurt family.
Feza Kimya, which focuses on the coatings and plastics markets, is a prominent market player in the sales, marketing, and distribution of speciality chemicals in Turkey.
The Paksoy team consisted of Partner Elvan Aziz, Senior Associate Selen Terzi Ozsoylu, and Associate Gulce Saydam Pehlivan.
The Yurttutan Gurel Yoruker team was led by Partner Sibel Manyera Yurttutan, assisted by Senior Associate Ebru Padar and Ece Ilce. Partner Gulperi Yoruker was involved in the review of the agreements and Partner Alev Gurel was involved in labor law matters.
