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CCAO Advises Akbank on Financing the Acquisition of Karbonsan

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CCAO has advised Akbank on its financing of the acquisition of Karbonsan by investors advised by Turkven.

Karbonsan's core business is manufacturing mobile and storage tanks for extremely cold liquids.

Turkven is a Turkish private equity firm.

The CCAO team included Partner Candemir Baltali and Associate Ecem Ozbek.

Editor's Note: After this article was published, CEE Legal Matters learned that Kolcuoglu Demirkan Kocakli advised Turkven and White & Case's affiliate law firm GKC Partners advised Kanga Limited, controlled by a Turkven owned-fund, on the acquisition of Karbonsan.

The Kolcuoglu Demirkan Kocakli team included Partner Bihter Bozbay Inan, Senior Associate Nejan Duman, and Associates Ilay Eraslan and Nisanur Yilmaz.

The GKC Partners team included Partner Gokce Uluc and Associates Aybike Iplikci, Ekin Cinar, and Efe Soysal.