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BASEAK Advises Henkel on Buyout of Hair-Care JV Partner

BASEAK Advises Henkel on Buyout of Hair-Care JV Partner


Balcioglu Selcuk Akman Keki Attorney Partnership advised Henkel in connection with the acquisition of the remaining 50% equity in Eczacibasi Schwarzkopf Kuafor Urunleri Pazarlama A.S. from former joint venture partner Eczacibasi, giving it complete ownership of the exclusive distributor of Schwarzkopf Professional hair products in Turkey.

According to BASEAK, "Henkel Beauty Care is a business unit of Henkel Group. With broad experience in the development of breakthrough innovations in the field of hair coloring, hair care, and hair styling, Beauty Care holds a prominent position globally."

The BASEAK team performed the due diligence and assisted Henkel in drafting and negotiating the share purchase, as well as in the signing and closing formalities. The firm's team was led by Senior Partner Selim Keki and included Associate Sirma Zeytinoglu.

Turkey Knowledge Partner

Founded in 1990, TURUNÇ is a leading, full-service Turkish law firm providing cutting-edge legal advice and representation to a global clientele. We provide the highest quality of legal service in each of our practice areas and we take pride in the work we do. Since our founding, we have always maintained a friendly, open and inclusive firm culture in which individuality and independent thinking are highly prized. Our lawyers work in collaborative, collegial teams across our practice areas.

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Firm's website: www.turunc.av.tr


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