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Paksoy and Ismen Advise on Coventya Acquisition of 80% Stake of Politeknik

Paksoy and Ismen Advise on Coventya Acquisition of 80% Stake of Politeknik

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Paksoy has advised Coventya Beteiligungs GmbH, a specialty chemicals company active in the field of surface treatment, on its December 21, 2016 agreement to acquire 80% of the shares in Politeknik Metal Sanayi ve Ticaret A.S. from its shareholders. Tolga Ismen advised the sellers on the transaction, which remains subject to fulfillment of certain conditions precedent. 

Politeknik is a public company with shares traded on the Emerging Companies Market that operates in the aluminum surface treatment industry. 

The Paksoy team was led by Partner Elvan Aziz consisted of Partner Omer Collak, Senior Associates Nazli Bezirci and Okkes Sahan and Associate Yasemin Ozman.