Norton Roes Fulbright's Turkish affiliate law firm Pekin Bayar Mizrahi has dvises NIBE Industrier and its Italian subsidiary Rhoss on the full acquisition of the remaining shares in Untes VRF Klima Sistemleri and Untes Rhoss Sogutma Sistemleri. Murat Law Office reportedly advised the sellers, including Mehmet Hakki Sanal, Koray Gungor Sanal, Ahmet Sanal, Yasar Behic Okan, and Yalim Atalay.
NIBE Industrier develops, manufactures, and markets environmentally-friendly, energy-efficient solutions for indoor climate comfort for all types of properties.
Untes is mainly active in the heating ventilation air conditioning sector.
In 2018, Pekin & Bayar and Karanovic & Partners advised NIBE on its acquisition of EMIN’s Operations in Serbia and Turkey (as reported by CEE Legal Matters on September 10, 2018).
The Pekin Bayar Mizrahi team included Partner Senem Golge Yalcin and Counsel Galya Kohen Benbanaste.
