Kolcuoglu Demirkan Kocakli has advised Arkel and its shareholders including Mediterra Capital on the sale of Arkel to Innovalift.
Arkel is a manufacturer of elevator control systems and components.
Mediterra Capital is a Turkish private equity firm.
Innovalift is a wholly-owned subsidiary of Investment AB Latour.
In 2017, Kolcuoglu Demirkan Kocakli advised the EBRD and Mediterra on the acquisition of a majority stake in Arkel (as reported by CEE Legal Matters on January 9, 2017).
Kolcuoglu Demirkan Kocakli did not respond to our inquiry on the matter.
