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Zeki Gumussu &
Van Et Ticari Yatirimlar Gida Sanayi Turizm Ic ve Dis Tic AS
Update Date: 08/21/08
Date Announced: 08/20/08
Value (million $USD): 1.2 million U.S. Dollar
1.4 million Turkish Lira
Status: Pending
TRANSACTION DETAILS
Date Announced08/20/08
Date Originally Announced08/20/08
FormatAcq. Part. Int.Acquisition techniquesNot Applicable
AttitudeFriendlyAgencyn/a
Value1.2 million U.S. Dollar
1.4 million Turkish Lira
Advisor Feesn/a
SYNOPSIS
TURKEY - Van Et Ticari Yatirimlar Gida Sanayi Turizm Ic ve Dis Tic AS planned to acquire a 10% stake in Zeki Gumussu, a provider of meet processing services, for an estimated value of 1.417 mil Turkish lirais ($ 1.198 mil US), Concurrently {VET AS} planned to acquire 89% interest in Metro Petrol Urunleri Sanayi ve Ticaret Ltd
TARGET
NameZeki Gumussu
IndustriesPoultry slaughtering and processing; Meat and fish markets, incl. freezer provisioners; Meat packing plants; Packaged frozen foods; Food products machinery; Sausages and other prepared meat products; Prepared animal feeds, except for dogs and cats
Cityn/a
Staten/a
NationTurkey
Incorporated inn/a
Public StatusPrivate
Business DescriptionZeki Gumussu, located in Turkey provides meat processing services.
AdvisorsNULL
Target Salesn/a
ACQUIROR
NameVan Et Ticari Yatirimlar Gida Sanayi Turizm Ic ve Dis Tic AS (Vancouver : IST)
IndustriesPoultry slaughtering and processing; Meat and fish markets, incl. freezer provisioners; Meat packing plants; Packaged frozen foods; Food products machinery; Sausages and other prepared meat products; Prepared animal feeds, except for dogs and cats
CityIstanbul
Staten/a
NationTurkey
Incorporated inn/a
Public StatusPublic
Business DescriptionVan Et Ticari Yatirimlar Gida Sanayi Turizm Ic ve Dis Tic AS, located in Istanbul, Turkey provides poultry slaughtering and meat processing services like cattle slaughtering, poultry, and integrated food. The company products include carcass meat, meat cuts, salami, sausage, pastrami, ham, tripe jelly, braised meat and stew meat. The company was founded in 1988.
AdvisorsNULL
Acquiror Sales25.3 million U.S. Dollar
35.6 million Turkish Lira
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