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Moral, Kinikoglu, Pamukkale, Kokenek Advises on Sale of Turquoise Yachts to MB UAE Investments

Moral, Kinikoglu, Pamukkale, Kokenek Advises on Sale of Turquoise Yachts to MB UAE Investments

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Moral, Kinikoglu, Pamukkale, Kokenek has advised the minority shareholders of Turquoise Yachts on the sale of their shares to MB UAE Investments.

Turquoise Yachts, formerly known as Proteksan Turquoise, was established in 1997. It is a luxury yacht builder.

MB UAE Investments, an affiliate of the energy MB Holding Company, is active in the drilling and oilfield sector, exploration and production of oil and gas, and oil and marine-related engineering services.

Back in 2020, Moral, Kinikoglu, Pamukkale, Kokenek advised the shareholders of Turquoise Yachts on the sale of a 40% stake in the company to the Al Barwani Group (as reported by CEE Legal Matters on August 28, 2020).

The Moral, Kinikoglu, Pamukkale, Kokenek team included Managing Partner Resat Moral, Senior Partner Serkan Pamukkale, Senior Associate Dilara Kaymaz, Lawyer Selen Akgun, and Trainee Lawyer Dilara Atilgan.

Moral, Kinikoglu, Pamukkale, Kokenek could not provide further information on the deal.

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