Turkey: OYAK will acquire Denizli Cimento

Turkish cement company Oyak Cimento, part of conglomerate Oyak, has applied to the Competition Board (RK) to acquire fellow company Denizli Cimento. Denizli Cimento is owned by CRH Group of Ireland and Turkish firm Eren Grubu. An announcement was made in August 2014 to state that Turkish conglomerates Limak Holding and Sabanci Holding were also interested in the acquisition.
October 6, 2014 Read time: 1 min

RSSTurkish cement company 5081 Oyak Cimento, part of conglomerate Oyak, has applied to the Competition Board (RK) to acquire fellow company 7901 Denizli Cimento.

Denizli Cimento is owned by 723 CRH Group of Ireland and Turkish firm Eren Grubu.

An announcement was made in August 2014 to state that Turkish conglomerates 1506 Limak Holding and 1907 Sabanci Holding were also interested in the acquisition.

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