Paksoy has advised Doktas Metal on its acquisition of 93.57% of Componenta Dokumculuk, the Turkish subsidiary of Finnish Componenta Group, and advised Componenta Dokumculuk on the restructuring of its facility arrangement. Herguner Bilgen Ozeke represented the sellers, the Componenta Corporation.
As a result of the transaction, Componenta Dokumculuk, which is a prominent component manufacturer for the Turkish automotive industry, became wholly owned by Turkish investors. Simultaneously with the share transfer, the company also signed a new facility agreement with its creditor banks under the guarantee of Doktas Metal.
The Paksoy team was led by Partner Togan Turan, working with Senior Associates Serdar Ildirar and Okkes Sahan.