Cakmak has advised Plaskolite on the sale of its shares in joint-venture PIA Akrilik to JV partner Sirius Plastik. Akol Law advised Sirius Plastik on the deal.
Plaskolite is North America’s largest manufacturer of engineering thermoplastic sheet and profile products.
PIA Akrilik is a Turkish manufacturer of cast acrylic sheets, established in 2013 as a Plaskolite-Sirius joint venture.
Cakmak’s team included Partner Gulsen Engin and Senior Associate Ilke Isin Suer.
Akol's team included Partners Meltem Akol and Ceyda Akbal Schwimann and Associate Sebnem Kavasoglu.