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Turunc Advises Taxim Capital on Acquisition of Majority Stake in Turkish Lingerie Company

Turunc Advises Taxim Capital on Acquisition of Majority Stake in Turkish Lingerie Company

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Turunc has advised Taxim Capital on its acquisition of 51% of Turkey's Suwen lingerie and underwear manufacturer and retailer for an undisclosed price.

Taxim Capital is, according to its website, "a Turkey-focused mid-market private equity firm specializing in control-oriented growth capital investments and shareholder / management buy-outs." This is the firm's third investment. Turunc also advised Taxim on its 2016 acquisition of a 40% stake in the Turkish casual dining chain Big Chefs from shareholders Gamze Cizreli and Saruhan Tan (as reported by CEE Legal Matters on September 20, 2016).

The Turunc team consisted of Kerem Turunc, Nilay Enkur, Didem Bengisu, Gozde Kiran, and Naz Esen, along with intellectual property expert Beste Yildizili and competition law specialist Esin Camlibel.

The sellers did not retain external counsel.

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.

All News about, and Legal Analysis by, TURUNÇ can be found here.

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

 

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