Balcioglu Selcuk Akman Keki Attorney Partnership has advised Yildiz Holding on the 220 million TRL sale of its Orgen Gida affiliate and its Bizim Mutfak brands to the Japanese food and chemical corporation Ajinomoto Co., Inc. Paksoy advised the buyers on the deal.
According to BASEAK, Ajinomoto Co., which produces seasonings, cooking oils, TV dinners, sweeteners, amino acids and pharmaceuticals, "is one of the significant leading players in the market.” The firm also describes Orgen Gida as "a leading Turkish company [that] produces instant soups, bouillons, powder desserts, seasonings, and mixes spices," and reports that "Bizim Mutfak brands are active in the same market.”
The BASEAK team consisted of Senior Partner Galip Selcuk, Counsel Tulu Harsa, and Associates Umut Can Cano, and Yasemin Guctekin.
The Paksoy team advising Ajinomoto Co. was led by Partner Togan Turan and included Senior Associate Nihan Bacanak and Associate Can Yasin Aksoy.
