22.03.2019

Paksoy advises SASA Polyester on its ECA backed financing

SASA Polyester Sanayi A.Ş. utilised a HERMES backed loan from HSBC Bank Middle East Limited for the financing of its assets to be utilized for its green field investment, in the total amount of EUR 232.3m.  Read more  


19.03.2019

Paksoy advises Secom Aktif on the acquisition of Kent Güvenlik

Secom Aktif Güvenlik Yatırım A.Ş. (“Secom Aktif”), a joint venture of Aktif Bank and Secom has acquired all shares of Kent Güvenlik Sistemleri A.Ş., a major telecommunication and electronic safety systems service provider based in Ankara, on 18 March 2019. Read more


05.03.2019

Paksoy advises VTB Bank on the financing of Rönesans Holding projects

Rönesans Holding utilised a loan through its Turkish and Russian subsidiaries for the partial financing of its housing development project Neva Towers as well as its other projects, in the total amount of 10,200,000,000 rubles (approx.155,000,000 USD).  Read more


04.03.2019

7th ICC MENA Conference on International Arbitration

Simel Sarialioglu, counsel from Paksoy’s dispute resolution team, was a panellist at the "Telecom Disputes | How Arbitration is Better Suited for Telecom Disputes and the Future of Telecom Disputes" panel, at the 7th ICC MENA Conference on International Arbitration, held in Abu Dhabi, UAE today. You may reach details of the conference here


01.02.2019

Paksoy advises Ulusoy Family on the sale of a majority stake in Ulusoy Elektrik

Sait Ulusoy, Akgül Ulusoy, Kubilay Hakkı Ulusoy and Enis Ulusoy (together the “Ulusoy Family”), signed a share purchase agreement on 31 January 2019 for the sale of 82.2% of Ulusoy Elektrik İmalat Taahhüt ve Tic. A.Ş., Turkey’s leading medium voltage switchgear and transformer manufacturer and Borsa Istanbul listed company, to Eaton Capital Unlimited Company. The completion of the transaction is subject to clearance from the Competition Board. Read more


31.01.2019

Paksoy advises Mitsubishi Heavy Industries Thermal Systems on the acquisition of a stake in Form VRF Sistemleri

Mitsubishi Heavy Industries Thermal Systems, Ltd., a group company of Mitsubishi Heavy Industries, Ltd., one of the world’s leading industrial firms active in the engineering, electrical equipment and electronics sectors, signed a share purchase agreement on 30 January 2019 through its European subsidiary MHIAE for the acquisition of a stake in Form VRF Sistemleri San. ve Tic. A.Ş., its long-time distributor of air conditioning systems in Turkey, and the establishment of a joint venture.  Read more


01.01.2019

Paksoy is pleased to announce the promotion of Selin Barlın Aral to Partner as of 1st January 2019


01.01.2019

Paksoy announces new Counsel: Nazlı Bezirci, Serdar Ildırar, Aslı Kehale Altunyuva and Simel Sarıalioğlu

Paksoy is pleased to announce that as of January 2019 Nazlı Bezirci, Serdar Ildırar, Aslı Kehale Altunyuva and Simel Sarıalioğlu have been appointed as Counsel to the firm. 



07.12.2018

Paksoy wins the Turkey M&A Legal Adviser of the Year 2018

We are proudly announcing that Paksoy is the winner of “Turkey M&A Legal Adviser of the Year 2018” award by Mergermarket. Paksoy is honoured to receive this award for the second time by Mergermarket. We particularly take great pride from this achievement as Paksoy takes this award as an independent Turkish local law firm found worthy having the qualities that demonstrate our top class service capabilities to its clients in cross border, international acquisitions in Turkey. We would like to express our gratitude and sincere thanks to all our teams who contributed to this success. You may reach the details of the award here.


05.11.2018

Recent trends in arbitration in the MENA region

Simel Sarialioglu, FCIArb, senior associate from Paksoy’s dispute resolution team, will be a speaker at the ICC YAF conference about “Recent trends in arbitration in the MENA region”. The conference will be held on 12 November 2018 in Dubai and it is free to register.  For more details please click.


05.10.2018

Paksoy advises Gurit Holding on the acquisition of JSB Group

Gurit, a listed company on Swiss Exchange, signed an agreement to acquire all shares in JSB Group, subject to closing conditions. JSB Group is the market leader for core material kits for wind turbine blades with operations in Denmark, Spain, Turkey, the US, China and is held by the private equity fund VC VIII JSB Holding ApS. Read more


28.09.2018

Local Bond & Sukuk market as a cornerstone of the Turkish Growth

Paksoy is pleased to announce that Sera Somay (Partner) participated as a speaker in the panel titled “Local Bond & Sukuk market as a cornerstone of the Turkish Growth” held by Albaraka Turk and Euroclear. We thank all attendees.


10.09.2018

IFN Forum Turkey 2018

Paksoy is pleased to announce that Sera Somay (Partner, Islamic Finance) participated in the panel titled “Capital Markets Innovation, Sukuk Issuance and Infrastructure Finance in Turkey” at IFN Forum Turkey 2018. IFN Forum has been held by REDmoney in partnership with Borsa Istanbul today at Conrad Istanbul Bosphorus.


07.09.2018

Paksoy advises Atlassian on the acquisition of OpsGenie

Atlassian, US based leading provider of team collaboration and productivity software, has entered into a definitive agreement to acquire OpsGenie, for USD 295 million, whose technology enables companies to better plan for and respond to IT service disruptions. OpsGenie is Boston based company co-founded by its CEO Berkay Mollamustafaoglu, also having offices in Ankara, Turkey.  Read more


03.09.2018

Paksoy advises Migros on merger of Kipa

Migros Ticaret A.Ş. ("Migros"), which has previously acquired shares of Kipa Ticaret A.Ş. ("Kipa") from Tesco Overseas Investments Limited on 1 March 2017, has now merged Kipa under Migros as of 31 August 2018, upon approval of the Capital Markets Board on 19 July 2018.  Read more


05.08.2018

Paksoy advises Migros on TL denominated bond issuance

Turkish leading retail company Migros issued TL 150 million bonds in two equal tranches on 19 July 2018, with two and three years of maturities. The issuance is listed on Borsa Istanbul and represents the first debt capital markets financing received by Migros.  Read more


01.08.2018

Paksoy advises Lindsay Goldberg on the acquisition of Coveris Rigid

Lindsay Goldberg, a global private equity investor, acquired the rigid packaging business (Coveris Rigid) of Coveris Holdings. Coveris Rigid is a premier packaging supplier for the consumer goods and food service sector. Read more


25.06.2018

IFLR 1000 Women Leaders

Paksoy is pleased to announce that Ms Elvan Aziz and Ms Sera Somay are selected as “Women Leaders” from Turkey by IFLR 1000, considered as the “best transactional specialists in their markets and practice areas”. Among these 300 women leaders globally, we are proud that two of seven women leaders selected from Turkey are Paksoy’s partners. You may reach the IFLR 1000 Women Leaders Guide here.


22.06.2018

Paksoy advises on Turkey's first gender bond

Garanti Bank in Turkey issued USD 75 million gender bonds on 11 June, which is the first ever social bond issued by a Turkish entity. The bonds are due 2024 and were labeled as first in an emerging market. Read more


21.06.2018

6th Annual GAR Live Istanbul

The 6th Annual Global Arbitration Review Live Istanbul conference was successfully held today at Shangri-La Bosphorus. Paksoy is pleased to announce that Serdar Paksoy, among other distinguished contributors, delivered a speech on “M&A Disputes and Joint Ventures” at the conference.


06.06.2018

Paksoy advised Enerjisa on the acquisition of Eşarj

Turkey's leading energy company Enerjisa acquired the majority of the shares in Eşarj, a company operating in the electric vehicle charging station sales and installation sectors. Eşarj is currently the market leader in Turkey with respect to national station network and operation systems.  Read more


05.06.2018

6th Annual GAR Live Istanbul

Paksoy is pleased to invite you to join us at the 6th Annual Global Arbitration Review Live Istanbul conference on Thursday, 21 June 2018 where, among other distinguished contributors, Serdar Paksoy will also take place as a speaker.  

For more information and registration please click here


05.06.2018

Paksoy advises Accuride Corporation on the acquisition of Mefro Wheels GmbH

Accuride Corporation, a US-based supplier of components to the commercial vehicle industry, acquired Mefro Wheels GmbH, a privately-owned supplier of steel wheels to the European and Asian passenger car, light vehicle and commercial vehicle industries, maintaining manufacturing operations in Germany, France, Turkey, Russia and China. Read more


01.06.2018

Paksoy advises Zorlu Group on the financing of Osmangazi Elektrik Dağıtım

Osmangazi Elektrik Dağıtım AŞ ("OEDAŞ"), an electric distribution company operating in five cities (namely, Eskişehir, Afyon, Uşak, Kütahya and Bilecik)  and a wholly owned subsidiary of Zorlu Enerji, has signed project finance agreements with the lenders, European Bank for Reconstruction and Development ("EBRD"), International Finance Corporation ("IFC"),  Nederlandse Financierings Maatschappij Voor Ontwikkelingslanden N.V. ("FMO") and certain Turkish banks for an amount of TL equivalent of USD 330 million.  Read more


31.05.2018

Paksoy advises Bilgin Enerji on the acquisition of OMV Samsun Elektrik

Yapısan Elektrik, a flagship company in Bilgin Enerji group, has agreed to acquire OMV Samsun Elektrik from OMV, an international, integrated oil and gas company based in Vienna. The completion of the transaction is subject to clearance from the regulatory authorities in Turkey, amongst other contractual requirements. Read more


23.05.2018

Paksoy advises Sberbank on the sale of its 99.85% stake in Denizbank

Sberbank of Russia has signed a share purchase agreement for the sale of Denizbank, the fifth largest bank in Turkey, to leading UAE banking group Emirates NBD Bank. Emirates NBD will acquire 99.85% of Denizbank's issued capital for a consideration of approximately USD 3.2 billion.  Read more