6 April 2023
Deals | Turkey | M&A
Gide's affiliated firm, Özdirekcan Dündar Şenocak Ak (ODSA), has advised Saint Gobain Weber Yapı Kimyasalları Sanayi ve Ticaret A.Ş., on the acquisition of 50% of shares of Dalsan Alçı Sanayi ve Ticaret A.Ş. ("Dalsan Alçı") from Dalsan Yatırım ve Enerji A.Ş. and on the sale of 50% of its shares in Saint-Gobain Rigips Alçı Sanayi ve Ticaret Anonim Şirketi ("Saint-Gobain Rigips") to Dalsan Yatırım ve Enerji A.Ş.
Both Saint-Gobain Rigips and Dalsan Alçı are active in the business of production and sale of building materials. Following this transaction, Saint-Gobain Rigips and Dalsan Alçı will be unifying their operations, in particular regarding the plaster and gypsum business line, under a single roof. With this partnership, the parties expect to develop the building materials business in Türkiye and in overseas.
Gide's team comprised partner Bülent Özdirekcan, working with senior associate Mehmet Kösoğlu and associates Nil Duman and Mustafa Karadaş.