Moral has represented the shareholders of Vansan Makina Sanayi ve Ticaret A.S.on the acquisition of a majority stake in the company by Turkven Private Equity. Kolcuoglu Demirkan Kocakli advised the buyers on the deal.
According to Moral, "Vansan is the leading centrifugal water extraction pump and motor manufacturer with two factories of 17,000 square meters closed production area, an extensive dealer network, and 500 employees as of 2017. The company serves worldwide agribusinesses, power plants, industrial companies and municipalities."
The Moral team was led by Partners Resat Moral and Serkan Pamukkale and Senior Associate Karaca Kacar.
The KDK team was led by Partner Umut Kolcuoglu and included Associates Bihter Bozbay and Duygu Dursun.