16
Sun, Jun
67 New Articles

Paksoy Advises Samsun Yurt Savunma on Acquisition of AEI Systems

Paksoy Advises Samsun Yurt Savunma on Acquisition of AEI Systems

Turkiye
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Paksoy, working with Fieldfisher, has advised Samsun Yurt Savunma on its acquisition of an 80% stake in UK-based military defense equipment manufacturer AEI Systems. UK-based Field Law reportedly advised the sellers.

According to Paksoy, Samsun Yurt Savunma is "a leading Turkish company in the defense sector that designs and manufactures service pistols under the 'Canik' brand for the law enforcement and military market around the world."

AEI Systems is a UK-based specialist in the design, manufacture, and test of military defense equipment for land, naval and air platforms, the firm informed. 

"This is one of the first outbound deals of a Turkish manufacturer in the defense sector acquiring a target in the UK," Paksoy announced.

Paksoy’s team included Partners Elvan Aziz and Sansal Erbacioglu, Senior Associate Simge Sengun, and Associate Beritan Arik.

Our Latest Issue