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Paksoy and White & Case Advise on Sale of Majority Stake in Ulusoy Elektrik

Paksoy and White & Case Advise on Sale of Majority Stake in Ulusoy Elektrik

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Paksoy has advised the Ulusoy family on the sale of the majority stake in Ulusoy Elektrik to Eaton Capital Unlimited Company. White & Case and GKC Partners advised Eaton Capital on the acquisition.

On January 31, 2019, Sait Ulusoy, Akgul Ulusoy, Kubilay Hakki Ulusoy, and Enis Ulusoy signed a share purchase agreement involving 82.2% of Ulusoy Elektrik Imalat Taahhut ve Tic. A.S., a Turkish medium voltage switchgear and transformer manufacturer that is listed on Borsa Istanbul. 

The completion of the transaction is subject to clearance from Turkey's Competition Board.

Paksoy’s team led by Partner Elvan Aziz and included Counsels Nazli Bezirci and Okkes Sahan and Associate Miray Cura. 

The White & Case team consisted of Partner Asli Basgoz, Association Partners Emre Ozsar and Derin Altan, Counsel Sezin Elcin Cengiz, and Associates Eylul Topanoglu, Asli Gulum, Eren Ayanlar, Gokcen Durgut, Ege Gulec, and Irem Kurkcu. The team in Jakarta involved Association Partner Kristo Molina and Associate Adzkia Fatah.

Romanian Knowledge Partner

MPR Partners | Maravela, Popescu & Roman is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration. 

MPR Partners | Maravela, Popescu & Roman covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend MPR Partners | Maravela, Popescu & Roman as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate. 

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