Our latest announcements
Akol Team assisted AHES GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş. (#AHSGY) in its initial public offering and listing on Borsa İstanbul. Akol Team included, Meltem Uslu-Akol, Denizhan Budak, Ipek Celik, Hazal Sena Atalay, Işıl Bozkurt, Pınar Toykan, Sarper Kılıç, Erhan CEYLAN and Tunahan Çalkan.
Akol Team assisted Cem Zeytin A.Ş. (#CEMZY) in its initial public offering and listing on Borsa İstanbul. Akol Team included, Meltem Uslu-Akol, Denizhan Budak, Onur Küçük, Hazal Sena Atalay, Asena Fulya Seyrekbasan, Pınar Toykan, Sarper Kılıç, Erhan Ceylan, and Tunahan Çalkan.
Akol team assisted ORKA Banyo in the subscription of a minority stake by MADA Girişim Sermayesi and Maxis in Orka, with an aggregate valuation of USD 10,000,000. Akol Team included Meltem Uslu-Akol, Arzum Gunalcin, Hazal Sena Atalay and Tunahan Çalkan.
Akol is named as “Turkey M&A Legal Adviser of the Year”
We are proud to announce that Akol Law is named as “Turkey M&A Legal Adviser of the Year” by the Mergermarket M&A Awards 2022 ceremony held in London.
"We are very honored for the recognition of Akol Law as the #1 M&A adviser for 2022, this is a very prestigious award that is based on a lot of objective criteria. The award is the result of many years of hard work by a team of partners and associates. Most important is the care we all feel for our clients, understanding the importance to them of the work they trust us with. We have a deep respect for our jobs and are grateful for all the experience our clients offer us. What the judges may not know is that they have acknowledged the work of three mothers, so we thank our children and families for the support. Kudos in particular to Tugce Tatari for leading our Firm to a successful future. It is a great feeling that our clients across all sectors have trusted us with their most important transactions and we are here now" says Meltem Uslu-Akol, founding partner of Akol Law.
"We are mostly grateful to our hardworking team. We are grateful to all our clients for all the opportunities and to fellow advisers for all the collaboration" said Tugce (Yosmaoglu) Tatari who led a large number of the M&A transactions of the firm.
We would like to thank all our team members who made this possible and we are grateful to our clients for trusting us.
We at Akol Law wish a great year for the Turkish M&A community and all the great financial and legal advisers and in-house experts that are part of it.
Akol Team assisted KOC METALURJI A.S. (#KOCMT) in its initial public offering and listing on Borsa İstanbul.
Akol Team included, Meltem Uslu-Akol, Denizhan Budak, Ipek Celik, Mertcan Sami Yılmaz, Hazal Sena Atalay, Işıl Bozkurt, Pınar Toykan, Sarper Kılıç.
We are happy to announce our lawyers’ individual recognitions in Legal 500 EMEA 2024 edition.
Meltem Akol and Tuğçe Tatari have been named among the Leading Individuals for their outstanding reputations, and Denizhan Budak has been named among the Rising Stars in the Legal 500 EMEA 2024 edition.
The Legal 500 ranks Akol Law among Top Tier firms in Turkey
We are proud to announce that Akol Law has been recognized as a top-tier firm and a leading firm in the 2024 edition ofLegal 500. This achievement is a testament to the hard work and dedication of our incredible team.
We also want to express our sincere appreciation to our valued clients for their continued trust and support. Your feedback has been invaluable in shaping our firm and driving us to continuously raise the bar in providing exceptional legal services.
Akol Law represented GTR Credit Europe B.V. (a subsidiary of CEECAT Capital), Güngör Fatih Çaylak, Ata Demirel, and seven other individuals in the sale of 80% of the shares in Kemer Medical Center Özel Sağlık Hizmetleri Turizm ve Ticaret A.Ş. (“KMC”) to Koç Holding for an enterprise value of EUR 110 million. KMC owns Anatoila Hospitals (with seven private hospitals) in Antalya, Türkiye.
Akol Team included Tugce (Yosmaoglu) Tatari, Arzum Gunalcin, Pınar Babaoğlu, Hazal Sena Atalay and Pınar Toykan.
Akol Law represented Gaztrak Enerji A.Ş., a subsidiary of PALMET ENERJİ A.Ş., in securing financing for the acquisition of Zorlu Enerji Dağıtım A.Ş., which holds shares in Trakya Bölgesi Doğal Gaz Dağıtım A.Ş. and Gazdaş Gaziantep Doğal Gaz Dağıtım A.Ş., two major natural gas distribution companies operating in strategic regions of Turkey, as well as Zorlu Doğal Gaz Tedarik Ticaret A.Ş., a company engaged in natural gas trading. The total value of the deal, including commercial and financial liabilities, amounted to approximately USD 200 million. With this acquisition, Palmet Enerji will extend gas supply to five regions in Turkey.
Akol team included Meltem Uslu-Akol, Onur Küçük and Talha Sazak.
Akol Team assisted Turkey Pasta Holding Limited, one of the Selling Shareholders, in the initial public offering of Oba Makarnacılık Sanayi ve Ticaret A.Ş. at Borsa İstanbul.
Akol Team included Partner Meltem Uslu-Akol, Counsel Arzum Gunalcin, Senior Associate Denizhan Budak, Associates Ipek Celik and Talha Sazak.
Akol Law represented Gaztrak Enerji A.Ş., a subsidiary of PALMET ENERJİ A.Ş. in its acquisition of Zorlu Enerji Dağıtım A.Ş.
Zorlu Enerji Dağıtım A.Ş. is the shareholder of Trakya Bölgesi Doğal Gaz Dağıtım A.Ş.; Gazdaş Gaziantep Doğal Gaz Dağıtım A.Ş.; and Zorlu Doğal Gaz Tedarik Ticaret A.Ş.
Akol team included Partner, Meltem Uslu-Akol, Counsel Arzum Gunalcin, Senior Associate, Onur Küçük and Associate, Talha Sazak.
Akol Team assisted Mondi Group (Mondi Turkey Oluklu Mukavva Kağıt ve Ambalaj Sanayi A.Ş.) (#MNDTR) and Tera Yatırım Menkul Değerler A.Ş. in relation to its increase of Mondi’s share capital through Rights Issue.
Akol team included Partner, Meltem Uslu-Akol and Associates Talha Sazak, Ipek Celik and Can Ata Ünal.
Akol Team assisted Pasifik Donanım ve Yazılım Bilgi Teknolojileri A.Ş. and Halk Yatırım Menkul Değerler A.Ş. in Pasifik Teknoloji’s initial public offering and listing on Borsa İstanbul.
First IPO of 2024!
Akol Team assisted Pasifik Teknoloji (#PATEK) and Halk Yatırım Menkul Değerler A.Ş. in Pasifik Teknoloji’s initial public offering and listing on Borsa İstanbul.
With a demand reaching 2,56 times the total offer in domestic individual investors, 8,74 times the total offer in domestic institutional investors, amounting to a total size of TRY 945.000.000 Pasifik Teknoloji shares started trading in Borsa İstanbul today.
Akol team included Partner, Meltem Uslu-Akol, Senior Associate Denizhan Budak, Associates Talha Sazak, Ipek Celik, Can Ata Ünal, Hazal Sena Atalay, Asena Fulya Seyrekbasan, Pınar Toykan and Sarper Kılıç.
Akol Team assisted @Batı Ege Gayrimenkul Yatırım Ortaklığı A.Ş. (#BEGYO) and Halk Yatırım Menkul Değerler A.Ş. in Batı Ege GYO's initial public offering and listing on Borsa İstanbul.
With a demand reaching 2,04 times the total offer in domestic individual investors, 10,82 times the total offer in domestic institutional investors and 1,50 times the total offer in foreign institutional investors, amounting to a total size of TRY 870,000.000 Batı Ege GYO shares started trading in Borsa İstanbul today.
Akol team included Partner, Meltem Uslu-Akol, Senior Associate Denizhan Budak, Associates Mertcan Sami Yılmaz, Can Ata Ünal, Hazal Sena Atalay, Asena Fulya Seyrekbasan, Pınar Toykan and Sarper Kılıç.
Yasal Stajyer ve Yaz Stajyer Başvuru Dönemimiz Başladı!
Akol Avukatlık Bürosu olarak 2024/2025 dönemi yasal ve yaz stajyerlerimiz için başvuruları kabul etmeye başladık. Son tarih 29 Şubat 2024!
İlgilenen adayların, https://lnkd.in/dgQhZwft sayfamızı ziyaret etmelerini ve detaylı özgeçmişleri ile başvurularını hr@akol.av.tr adresine göndermelerini rica ederiz.
Genç Hukukçu Adayları ile Kariyer Günlerinde Biraraya Geliyoruz!
Akol Avukatlık Bürosu olarak Koç Üniversitesi Kariyer Gelişim Merkezi tarafından gerçekleştirilen "Careers in Law" etkinliğinde genç hukukçu adayları ile bir araya geldik.
Kıdemli Avukatlarımızdan Pınar Babaoğlu ve avukatlarımızdan Hazal Sena Atalay hukuk alanında kariyer yapmak isteyen öğrencilerle deneyimlerini paylaştılar. Etkinliğe katılan herkese teşekkür ederiz!
“Best healthcare deal” EMEA Finance Achievement Awards 2022
We are honored to have taken an advisory role in Rönesans Sağlık Yatırım’s convertible loan for PPP hospitals projects in Türkiye which received the “Best healthcare deal” award in EMEA Finance Achievement Awards 2022.
Congratulations to Rönesans Sağlık Yatırım and EBRD for this landmark transaction!
Akol Team assisted Kuzugrup Gayrimenkul Yatırım Ortaklığı A.Ş. (#KZGYO) and Tera Yatırım Menkul Kıymetler A.Ş. in the initial public offering and listing of Kuzugrup GYO on Borsa İstanbul, following its conversion into a real estate investment company (REIC).
With a demand reaching 5,7 times the total offer in domestic individual investors, 9,1 times the total offer in domestic institutional investors and 2,6 times the total offer in foreign institutional investors, amounting to a total size of TRY 1,038,000,000, Kuzugrup GYO shares have started trading in Borsa İstanbul on 29 August 2023.
Akol team included Partner, Meltem Uslu-Akol, Senior Associate Denizhan Budak and Associates Asena Fulya Seyrekbasan, Hazal Sena Atalay, Naz Duru Mola and Can Ata Ünal.
We are honored to have taken an advisory role in Rönesans Sağlık Yatırım’s convertible loan for PPP hospitals projects in Türkiye which received the “Best healthcare deal” award in EMEA Finance Achievement Awards 2022.
Congratulations to Rönesans Sağlık Yatırım and EBRD for this landmark transaction!
If you are looking for information on enforcement matters in Türkiye, you will find most up-to-date information provided by Akol lawyers at Chambers Global Practice Guide: Enforcement of Judgments 2023 – Türkiye. Click here to read the full Türkiye chapter à bit.ly/45JT2Vd.
For further information, please contact Ceyda Akbal Schwimann.
Akol Law acted as the legal counsel for Paket Mutfak on its new seed investment round
We acted as the legal counsel for Paket Mutfak, a leading Turkish food-tech start-up that develops delivery-focused food brands and operates ghost kitchens, on its new USD 1.5 million seed investment round.
The new seed investment round included investment from Ünlü Portföy Yönetimi Ar-Ge GSYF, Nokta Yatırım Holding A.Ş. and individual investors Fırat İşbecer, İbrahim Romano and Sezai Taşkent alongside existing investors. With this round, Paket Mutfak’s total investment raised up to USD 5.8 million.
Akol team included Tugce (Yosmaoglu) Tatari, Pınar Babaoğlu and Begüm Bekar.
We have published a new client alert "Examining the EU Carbon Border Adjustment Mechanism"
The Carbon Border Adjustment Mechanism is a carbon tariff on carbon intensive products imported by the European Union. It is a landmark tool to put a fair price on the carbon emitted during the production of carbon intensive goods that are entering the EU, and to encourage cleaner industrial production in non-EU countries. CBAM is to serve as an essential element for the EU to meet the objective of the climate-neutral economy by 2050 and to address the risks of carbon leakage. It is also seen as a tool promoting decarbonization in non-EU countries. To find out more and read about the fundamental points and subjects, please click bit.ly/3JqVt6i
Akol Law represented Param in its acquisition of Univera
Akol Law represented TURK Elektronik Para A.Ş. (“Param”) in its acquisition of Univera, a leading Turkish software developer and its subsidiary Univis.
Param is Turkey’s first electronic money institution and Univera is among top 5 players worldwide in its sector and is one of Turkey’s leading software developers that enables customers to digitize in sales, logistics and service.
Akol team included Meltem Uslu-Akol, Tugce (Yosmaoglu) Tatari, Basak Belet, Nursu Yiğit, Hazal Sena Atalay and Pınar Toykan.
Akol Team assisted Europower Enerji ve Otomasyon Teknolojileri San.ve Tic. A.Ş. and AK YATIRIM MENKUL DEĞERLER A.Ş. on the Initial Public Offering of Europower with Borsa Istanbul (ticker: EUPWR).
Europower breaks the highest number of investors record by 2.238.741 retail investors with a total demand of TRY 9,813,686,408.
Akol team included Partner, Meltem Uslu-Akol, Senior Associates Denizhan Budak, Pınar Babaoğlu and Associates Can Ata Ünal, Özgür Aydın, Berke Yalçın and Asena Fulya Seyrekbasan.
Akol Law represented Param in its minority subscription to HOPI
Akol Law represented TURK Elektronik Para A.Ş. (“Param”) in its minority subscription to BNR Teknoloji Anonim Şirketi (“HOPI”). Param has subscribed for a minority stake in HOPI for an aggregate valuation of USD 100,000,000.
Param is Turkey’s first electronic money institution and HOPI is one of Turkey’s most prestigious loyalty programs providing personal shopping experience, operating under the umbrella of Boyner Holding.
Akol team included Corporate/M&A partner Tugce (Yosmaoglu) Tatari, Senior Associate Pınar Babaoğlu and Associates Nursu Yiğit, Dicle Yağmur Kılıç and Hazal Sena Atalay.
We have published a new client alert "Climate Reporting Guide for Companies"
Climate Reporting Guide for Companies was published by Borsa Istanbul in December 2022. To find out more and read about the fundamental points and subjects, please click bit.ly/3kXI10B
Akol Team assisted Söke Değirmencilik Sanayi ve Ticaret A.Ş and QNB Finansinvest on the Initial Public Offering of Söke Değirmencilik with Borsa Istanbul on Yıldız Pazar (ticker: SOKE). Söke broke the all-time record by reaching the highest demand among the public offerings in Turkey, with a demand of TRY 68.7 billion, 118 times the size of the public offering.
Akol team included Meltem Uslu-Akol, Denizhan Budak, Gözde Nur Kıran, Pınar Babaoğlu, Özgür Aydın, Berke Yalçın, Dicle Yağmur Kılıç, Kubilay Doruk Çetin, Nursu Yiğit and Asena Fulya Seyrekbasan
Yaz Stajı İçin Başvuru Dönemimiz Başlıyor
2023/2024 dönemi yaz stajı başvurularını 3 Mart 2023 tarihinden itibaren kabul etmeye başlıyoruz. Adayların, detaylı bilgi için https://www.akol.av.tr/summer-trainees sayfamızı ziyaret etmelerini ve başvurularını 7 Nisan 2023 tarihine kadar hr@akol.av.tr adresine iletmelerini rica ederiz..
Akol Avukatlık Yasal Stajyer Başvuru Dönemi Başlıyor
Akol Avukatlık 2023/2024 dönemi yasal stajyer başvurularını kabul etmeye başlamıştır. İlgilenen adayların detaylı özgeçmişlerini 9 Aralık 2022 – 10 Şubat 2023 tarihleri arasında hr@akol.av.tr adresimize göndermelerini rica ederiz.
Akol Team assisted Aztek Teknoloji, QNB Finansinvest and DenizYatırım on the Initial Public Offering of Aztek Teknoloji with Borsa Istanbul on Ana Pazar (ticker: AZTEK). Aztek Teknoloji is the authorized distributor of Apple as well as the distributor of many leading brands like Beats, JBL, Harman Kardon, Thule, Case Logic, Marshall, Urbanears and Hama. Over 200,000 investors have placed bids and Aztek Teknoloji broke a new record by reaching the highest demand among the public offerings held in 2022, with a demand of TRY 7.92 billion, 29 times the size of the public offering. Akol team included Meltem Akol, Selin Tomay, Onur Küçük, Denizhan Budak and Can Ata Ünal.
Akol Team acts as the legal counsel to Paket Mutfak for a seed investment round
Akol Team acted as the legal counsel to Paket Mutfak for a seed investment round amounting to USD 3 million. The round includes an investment from Nokta Yatırım, the venture investment arm of Nokta Yatırım Holding, as well as Kadri Samsunlu and Ersan Öztürk, and the company’s existing investors. This brings Paket Mutfak’s total raise to date to USD 4.3 million. Akol team included Tuğçe Tatari, Pınar Babaoğlu and Dicle Yağmur Kılıç.
Akol Team assisted EIS Eczacıbaşı İlaç Sınai ve Finansal Yatırımlar Sanayi ve Ticaret A.Ş in the acquisition of a 99.96% stake in Gensenta İlaç Sanayi ve Ticaret A.Ş. from the US biopharmaceutical pioneer, Amgen Group. Akol team included Meltem Akol, Tuğçe Tatari, Başak Belet, Dicle Yağmur Kılıç, Nursu Yiğit and Kubilay Doruk Çetin.
Erman Çete Joins Akol Law as of Counsel
Akol Law is delighted to announce the joining of Erman Çete to the Akol Capital Markets Team as of Counsel.
Erman focuses on capital markets law, including crowdfunding, blockchain, cryptocurrency and ICOs, corporate law, mergers and acquisitions, payment services and electronic money and venture capital.
Erman has worked on numerous IPOs, debt instrument issuances, asset-backed securities and covered bonds, lease certificates and other capital markets instruments. He was responsible for processing mandatory tender offers, mergers and acquisitions of various listed companies. He has been actively involved in the drafting of the Capital Markets Law, including amendments to bondholder’s committee, funds, project finance bonds, crowd funding and regulatory sanctions. During his tenure with the Capital Markets Board, Erman led cross-practice working groups that focused on the harmonization of the capital markets legislation with the EU regulations. He recently led the working group which produced the crowdfunding regulation. As Head of Department, he also actively led the team working on crypto-currencies and crypto-exchanges regulation.
Akol Team assisted KOROPLAST Tüketim Maddeleri and Yapı Kredi Invest on the Initial Public Offering of Koroplast with Borsa İstanbul on Yıldız Pazar (ticker: KRPLS). Koroplast is the leading kitchen consumables company in Turkey and offers a diverse product portfolio of garbage bags, storage, cooking and cleaning products. Over 114,000 investors have placed bids and the offer was 6.84 times oversubscribed. Akol team included Meltem Akol, Tuğçe Tatari, Pınar Babaoğlu, Onur Küçük and Can Ata Ünal.
Akol Team assisted Sabancı Holding’s subsidiary, DX Technology Services and Investment B.V., in the acquisition of Sem İnternet Reklam Hizmetleri ve Danışmanlık A.Ş. which operates in the field of data-driven digital marketing. Akol team included Meltem Akol, Tuğçe Tatari, Selin Tomay and Sebnem Elif Kavasoğlu.
Akol Law assists Doğan Holding in its acquisition of a controlling stake in Karel.
Akol Team assisted Doğan Holding, one of the predominant conglomerates in Turkey in its acquisition of a controlling stake in Karel, a pioneering industrial technology company offering telecom solutions including cloud-based communications and IoT, defense industry solutions, telecom infrastructure projects, automotive electronics and electronic cards. In parallel with Doğan Holding’s investment in Karel, Karel also reached an agreement to acquire a 75 per cent stake in Daiichi, a company that specializes in automotive electronics. The Istanbul-based Daiichi is Turkey’s leading infotainment systems producer. Akol team included Tuğçe Tatari, Pınar Babaoğlu, Onur Küçük, Dicle Yağmur Kılıç and Şebnem Elif Kavasoğlu.
Akol Law assists Kocaer Çelik Sanayi Ve Ticaret A.Ş on its Initial Public Offering
Akol Team assisted Kocaer Çelik Sanayi Ve Ticaret A.Ş. and QNB Finans Yatırım Menkul Değerler A.Ş. on the Initial Public Offering of Kocaer Çelik Sanayi Ve Ticaret A.Ş., a steel producing company that is listed among the top 100 among the 500 largest industrial companies in Turkey, with Borsa İstanbul on Yıldız Pazar (ticker: KCAER). Akol team included Meltem Akol, Tuğçe Tatari, Selin Tomay, Denizhan Budak, Zeynep Kiriş and Can Ata Ünal.
Akol Law advises CEECAT Capital and EBRD in their minority investments to PARAM
Akol Team assisted CEECAT Capital, a leading private equity investor, focused on high growth markets of Emerging Europe and Central Asia and EBRD in their minority investments to PARAM, a leading Turkish financial technology company with full-stack technological services including issuing, acquiring, processing, lending, open banking and loyalty solutions. Akol team included Meltem Akol, Tuğçe Tatari, Selin Tomay, Zeynep Kiriş, Sebnem Kavasoğlu and Naz Duru Mola.
Akol Law advises Türkiye Wealth Fund on its acquisition of Türk Telekomunikasyon A.Ş.
Akol Team assisted Türkiye Wealth Fund, in its acquisition of 55% of share capital of Türk Telekomunikasyon A.Ş., first integrated telecommunications operator in Turkey with 180 years of history, from LYY Telekomunikasyon A.Ş. Akol team included Meltem Akol, Tuğçe Tatari, Pınar Babaoğlu, Onur Küçük, Dicle Yağmur Kılıç and Can Ata Ünal.
Akol Capital Markets team assisted consortium leaders QNB Finans Yatırım Menkul Değerler and Türkiye Sınai Kalkınma Bankası A.Ş. on the Initial Public Offering of Smart Güneş Enerjisi Teknolojileri, a leading solar power production equipment firm, with Borsa İstanbul (ticker: SMRTG). Akol team included Meltem Akol, Murat Ayyıldız, Selin Tomay.
Akol Law advises Gezinomi Seyahat Turizm Ticaret A.Ş. on its Initial Public Offering
Akol Capital Markets team assisted Gezinomi Seyahat Turizm Ticaret A.Ş., a leading tourism technology company, and Info Yatırım Menkul Değerler A.Ş. on the Initial Public Offering of Gezinomi with Borsa İstanbul (ticker: GZNMI).
Akol Law advises DAP Gayrimenkul Geliştirme A.Ş. on its Initial Public Offering
Akol Capital Markets team assisted DAP Gayrimenkul Geliştirme A.Ş., a construction and project development company, and Garanti Yatırım Menkul Kıymetler A.Ş. on the Initial Public Offering of DAP Yapı with Borsa İstanbul on Yıldız Pazar (ticker: DAPGM.E).
Akol Law advises Sovos Compliance in its acquisition of Digital Planet
Akol Corporate and M&A team assisted global tax software provider @Sovos in the acquisition of Digital Planet, an Istanbul-based developer of cloud-based invoicing, receipts, delivery notes and ledger technology.
With this acquisition, Sovos will expand its Turkey-based product development center in support of a growing base of channel partners, small-and-medium-sized enterprises, and large enterprise customers in Turkey and across the region.
Akol team included Tuğçe Tatari, Selin Tomay, Yağmur Aker, Zeynep Kiriş and Şebnem Elif Kavasoğlu.
Akol Law assisted TÜSIAD in organizing a webinar entitled "Using Arbitration in the Resolution of International Commercial Disputes: Meeting with ICC-VIAC-ISTAC“ with the participation of the representatives of Vienna International Arbitral Centre of the Austrian Federal Economic Chamber (VIAC), ICC (International Chamber of Commerce) Arbitration, and Istanbul Arbitration Centre. The similarities and the differences of the rules of arbitration of the leading international arbitral institutions were discussed in the form of questions and answers to the speakers, following a note by Prof. Ziya Akinci on the latest developments of Istanbul Arbitration Center. The webinar took place on 20 December 2021, at 14:00 (Istanbul) with the participation of the representatives of ICC-VIAC-ISTAC.
For those who are interested, the video of the webinar is uploaded on Youtube: https://lnkd.in/etPxkgCg.
Akol Law advises Majorel Group Luxembourg S.A. on its acquisition of Mayen Telekomünikasyon Hizmetleri A.Ş.
Akol Team assisted Majorel Group Luxembourg S.A., a leading global provider of next-generation end-to-end customer experience (CX) solutions for digital-native and vertical leading brands, in the acquisition of Mayen Telekomünikasyon Hizmetleri A.Ş., recognized as one of Turkey’s leading independent nearshore service providers. Majorel has agreed to purchase 80% of the share capital in Mayen and has a call option to purchase the remaining 20% in 2025.
Akol Team included Tugce Tatari, Selin Tomay, Pınar Babaoğlu, Yagmur Aker, Zeynep Kiriş, Şebnem Kavasoğlu and Naz Duru Mola.
Akol Law advises Sirius Plastik in its acquisition of PIA Akrilik
Akol Team assisted Sirius Plastik in its acquisition of all outstanding shares of PIA Akrilik, manufacturer of cast acrylic sheets for a variety of end markets and uses, including advertising, indoor & outdoor decoration, sound barriers, TV screen protectors, airplane and helicopter windows, aquariums, lighting, and display stands, from Plaskolite, a Columbus, Ohio-based manufacturer of engineering thermoplastic products.
Akol team included Meltem Akol, Ceyda Akbal Schwimann and Şebnem Kavasoğlu.
Akol Law advises Yapı Kredi Bank on USD 558 million Diversified Payment Rights (DPR) transaction
Akol Banking Finance and Capital Markets team assisted Yapı Kredi, in the Diversified Payment Rights (DPR) transaction amounting to USD 558 million under the Bank’s DPR programme based on future flow transactions.
The funding comprised of USD 445 million and EUR 100 million, with the participation of 6 investor banks. Approximately USD 340 million of the proceeds will be dedicated to support green, social and sustainable assets in accordance with the Bank’s recently updated Sustainable Finance Framework.
Chambers and Partners ranks Akol Law in Top Tier firms in Fintech practice in Turkey
Akol Law is ranked in the Chambers FinTech 2022.
Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables this year.
We welcome your participation in the webinar "Using Arbitration in the Resolution of International Commercial Disputes: Meeting with ICC-VIAC-ISTAC", where our Partner Ceyda Akbal Schwimann is moderator.
The similarities and differences of the rules of arbitration of international arbitral institutions will be discussed in the form of questions and answers to the participants. The webinar will be English, simultaneous translation into Turkish shall be available. The webinar will take place on 20 December 2021, at 14:00 (Istanbul) with the participation of the representatives of ICC-VIAC-ISTAC.
Registration link: https://url.tusiad.org/IMrfF
Akol Law advises Actera Group in the acquisition of a stake in PayTR.
Our Corporate and M&A Team assisted Actera Group in its acquisition of a stake in PayTR Ödeme ve Elektronik Para Kurulusu A.Ş., a leading payment service provider in Turkey.Akol Team included Meltem Akol, Tugce Tatari, Selin Tomay, Yağmur Aker, Zeynep Kiriş and Şebnem Kavasoğlu.
Akol Law advises Zoo Digital in the acquisition of a minority stake in Studio Ares.
Our Corporate and M&A team assisted Zoo Digital, a UK based content creator and provider of the end-to-end services needed to globalize TV and movie content, in its minority investment into Studio Ares, an Istanbul-based localization company which offers dubbing, subtitling, foley, access and post-production services. Akol team included Tuğçe Tatari, Selin Tomay, Pınar Babaoğlu and Şebnem Kavasoğlu.
Akol Law advises Ekol Ofset in the sale of a controlling stake in Ekol Ofset to Romvan N.V.
Our Corporate and M&A Team assisted the founding shareholders of Ekol Ofset Matbaacılık Tesisleri Ambalaj Sanayi ve Ticaret Anonim Şirketi (Ekol Ofset) in sale of a controlling stake in Ekol Ofset, a leading paper-based packaging supplier in Turkey to Romvan N.V., which is active in production of packaging solution products. Akol Team included Meltem Akol, Tugce Tatari, Selin Tomay, Pınar Babaoğlu, Ilay Eraslan and Şebnem Kavasoğlu.
Ceyda Akbal Schwimann Joins Akol Law as Partner
Akol Law is delighted to announce the appointment of a new partner for the Dispute Resolution practice - Ceyda Akbal Schwimann. Ceyda focuses on commercial and corporate disputes, investments, and investment protection disputes. She advises major international groups and private clients in their investments as well as in their disputes against private parties, states, and state entities. Ceyda Akbal Schwimann has many years of experience in representing multinationals before state courts. She also regularly acts as counsel in international arbitration proceedings. She has vast experience in working under the major arbitration rules, for example advising clients in proceedings under the ICC Rules, Vienna Rules, ICSID Rules of Arbitration, as well as in ad-hoc arbitration proceedings. She has also extensive experience in corporate M&A, commercial law as well as in real estate law, and she has been providing services in these areas for many years to major international groups.
Akol Law assists Türkiye Vakıflar Bankası T.A.O. on the “Sustainable Eurobond” issuance.
Our Banking & Finance and Capital Markets Team assisted Türkiye Vakıflar Bankası T.A.O. on the “Sustainable Eurobond” issuance with an amount of USD 500 million in the international debt capital markets. VakıfBank successfully completed its second bond issuance within the sustainable finance program. The coupon rate of USD 500 million Eurobond with 5 years maturity has been set at 5.5%.
Our Banking & Finance and Capital Markets team assisted Doğanlar Holding and Biotrend in EBRD’s acquisition of Biotrend shares. With this acquisition EBRD has become 5.92% shareholder of Biotrend, a leading public renewable energy company trading at BIST Star Market and having investments in waste management, biomethanization and landfill activities throughout Turkey.
Akol Law advises Europap Tezol Kağıt San. ve Tic. A.Ş. on its Initial Public Offering
Our Capital Markets Team assisted Europap Tezol Kağıt San. ve Tic. A.Ş., a private manufacturer of cleaning and similar paper material, and Deniz Yatırım Menkul Kıymetler A.Ş. on the Initial Public Offering of Europap Tezol with Borsa İstanbul. Over 130,000 investors have placed bids and the offer was oversubscribed, the issuer increased the size of the offering. The shares were sold at TRY 13.87 per unit, valuing the company's capital at TRY 1.387bn (USD 164.5m).
Akol Law advises Elekta AB in its acquisition of Özyürek Mümessillik ve Dış Ticaret A.Ş.
Our Corporate and M&A Team assisted Elekta AB in its acquisition of its long-time partner and Turkish distributor of neurosurgery solutions (Leksell Gamma Knife®), Özyürek Mümessillik ve Dış Ticaret A.Ş. Özyürek A.Ş. assisted in the establishment of Leksell Gamma Knife in Turkey and the region. This acquisition is in furtherance of our quite a transactions in the healthcare and medical equipment sector and follows our work on the recent acquisition of the surgical equipment producer Aygün.
Akol Team included Tugce Tatari, Tuğçe İncetan, Ilay Eraslan and Sebnem Kavasoglu.
Our Corporate and M&A Team assisted as Turkish counsel, Qatar Investment Authority (QIA) subsidiary, OH Oil Investments LLC, in its subscription to Trendyol as part of the recent $1.5 billion fundraising by Trendyol, the majority of which is owned by Alibaba. Trendyol, Turkey’s leading e-commerce platform and the largest internet services-based employer, has reached a valuation of $16.5 billion (TL 140 billion) with the recently completed fundraising round, becoming Turkey’s first “Decacorn” to cross the $10 billion mark. Other investors include General Atlantic, SoftBank Vision Fund 2, Princeville Capital, ADQ (UAE). The Akol team included Meltem Akol, Tugce Tatari, Selin Tomay and İlay Eraslan.
Our Capital Markets team acted as Underwriter Counsel to QNB Finans Yatırım Menkul Değerler A.Ş. in the Initial Public Offering of Birleșim Mühendislik Isıtma Soğutma Havalandırma San. ve Tic. A.Ş., one of the leading contractors of electromehcanical works, manufacturing and installing systems in hospitals, hotels, shopping centers, industrial plants, residences and other buildings.The issuance was led by partner Meltem Akol, assisted by our Senior Associates Murat Ayyıldız and Selin Tomay and Associates Yağmur Aker, Tuğçe İncetan, Zeynep Kiriş, İlay Erarslan, Şebnem Elif Kavasoğlu..
Our Capital Markets team acted as transaction counsel in the Initial Public Offering of Kızılbük Gayrimenkul Yatırım Ortaklığı A.Ş. on Borsa İstanbul. Halk Yatırım Menkul Değerler A.Ş., Türkiye Kalkınma ve Yatırım Bankası A.Ş. acted as Joint Lead Managers and Ziraat Yatırım Menkul Değerler A.Ş. acted as co-leader. Kızılbük Gayrimenkul Yatırım Ortaklığı A.Ş. is one of the leading real estate investment trusts with investments in timeshare, hotels, thermal facilities, shopping and residential space, with a portfolio size of TL 5.5 billion. The Akol team included Meltem Akol, Murat Ayyıldız, Selin Tomay, Yağmur Aker, Zeynep Kiriş, İlay Erarslan, Şebnem Elif Kavasoğlu.
Our Corporate and M&A team led by Tuğçe Tatari, assisted by our senior associate Selin Tomay and associates Tuğçe İncetan, Zeynep Kiriş, Yağmur Aker and Elif Şebnem Kavasoğlu advised Obilet Bilişim Sistemleri Anonim Şirketi, operator of obilet.com, a leading online service focusing on intercity bus travel in Turkey, in the acquisition of Biletal İç ve Dış Ticaret A.Ş., another leading online travel agent in Turkey which focuses on intercity bus and airline travel.
Akol Law advises Kütahya Şeker Fabrikası A.Ş. on its Initial Public Offering
Our Capital Markets team by Ömer Gökhan Özmen and Güneş Yalçın, assisted by our senior associate Murat Ayyıldız and associates Gülmin Coşar and Ozcan Serhat Cengiz and our counsel Handan Bacıoğlu represented Kütahya Şeker Fabrikası A.Ş. and Tacirler Yatırım Menkul Değerler A.Ş. on Initial Public Offering of Kütahya Şeker, a private manufacturer of raw sugar, syrup and finished cane sugar from sugarcane, with Borsa İstanbul.
Akol Law advises Oyak Yatırım Menkul Değerler A.Ş. on its Initial Public Offering
Our Capital Markets team led by Ömer Gökhan Özmen and Güneş Yalçın, assisted by our Associates Murat Ayyıldız and Gülmin Coşar, assisted Oyak Yatırım Menkul Değerler A.Ş., an affiliate of OYAK (Ordu Yardımlaşma Kurumu (Army Aid Foundation)) in its Initial Public Offering with Borsa İstanbul.
Akol Law represents Aygün Cerrahi Aletler A.Ş. in its sale of 75% stake to CCL CEECAT Fund II SCSp.
Our Corporate and M&A team led by Tuğçe Tatari assisted by senior associate Selin Tomay and associate Zeynep Kiriş represented Aygün Cerrahi Aletler A.Ş., the second largest manufacturer of sterilization container systems in the world and the first and leading surgical motor systems manufacturer in the local market, in the sale of 75% stake to CCL CEECAT Fund II SCSp, a leading private equity and private credit investor, which focuses on small and medium sized companies across Turkey and Central and South Eastern Europe.
IFLR1000 named our Partners among Women Leaders
Meltem Akol and Tuğçe Tatari have been named among the IFLR1000 Women Leaders for 2021 . IFLR1000 Women Leaders are an elite group of lawyers with outstanding reputations.
Our Corporate and M&A Team assisted OpenGate Capital, a private equity firm with headquarters in Los Angeles, in the acquisition of amphoteric surfactant manufacturing business including the toll manufacturing business in Turkey from Solvay S.A., a Belgian chemical company.
Akol Law advises Biotrend on its Initial Public Offering
Our Capital Markets team led by Ömer Gökhan Özmen and Güneş Yalçın, assisted by our Associates Murat Ayyıldız, Damla Keskin Şerbetçioğlu, Gülmin Coşar, Alp Öztürk and our Counsel Handan Bacıoğlu, assisted BIOTREND, a leading company having investments in renewable energy and waste management sector throughout Turkey, in its Initial Public Offering with Borsa İstanbul and DENİZYATIRIM and TSKB as the underwriters.
The Legal 500 ranks Akol Law in Top Tier firms in Turkey
Akol Law is recognized as a Top Tier firm in The Legal 500 (Legalease) EMEA 2021 edition.
Akol Law advises QUA GRANITE on its Initial Public Offering
Our Capital Markets team led by Ömer Gökhan Özmen and Güneş Yalçın, assisted by our Associates Murat Ayyıldız, Gulmin Cosar, Alp Öztürk and our Counsel Handan Bacıoğlu, assisted QUA GRANITE, the Issuer, a leading ceramic tile producer, in its Initial Public Offering at Borsa İstanbul and INFO YATIRIM as the underwriter.
Akol Law advises Turex Turizm on its Initial Public Offering
Our Capital Markets team led by Güneş Yalçın and Ömer Gökhan Özmen, assisted by our Associates Murat Ayyıldız, Gulmin Cosar, Yağmur Aker, Alp Öztürk and our Counsel Handan Bacıoğlu, assisted Turex Turizm, the Issuer, a leading transportation services company, in its Initial Public Offering at Borsa İstanbul and Oyak Yatırım as the underwriter.
Akol Law assists the international banks in in DPR transaction completed by Vakıfbank.
Our Banking & Finance and Capital Markets team led by Güneş Yalçın and Ömer Gökhan Özmen assisted Barclays Investment Bank, Credit Suisse, ING, Nomura, Societe Generale and Standard Chartered Bank in the DPR transaction completed by VakıfBank.
Akol Law represents Galataray in the restructuring transaction.
Out Banking and Finance team led by Güneş Yalçın and Ömer Gökhan Özmen supported by Damla Keskin Şerbetçioğlu, represented Galatasaray in the restructuring transaction.
“Türkiye Vakıflar Bankası T.A.O.'s Eurobond Issuance” where we represented Türkiye Vakıflar Bankası, was shortlisted for the 2020 CEE Turkish Deal of the Year.
Akol Law advises Palmet Enerji on its acquisition of İzgaz, Baymina, EPG from Engie.
Our Corporate and M&A team led by Meltem Akol and Tuğçe Tatari represented Palmet Enerji in its acquisition of İzgaz, Baymina, EPG from Engie, a French multinational electric utility company. Our Banking and Finance Team led by Ömer Gökhan Özmen and Güneş Yalçın assisted Palmet Enerji in its acquisition financing provided by Vakıflar Bankası T.A.O and Garanti BBVA.
Our Banking & Finance and Capital Markets team led by Güneş Yalçın and Ömer Gökhan Özmen represented IFC, EBRD and Credit Suisse and other participants in the DPR securitization transaction completed by Denizbank.
Akol Law advises Işık Plastik on its Initial Public Offering
Our Capital Markets Team led by Meltem Akol and Güneş Yalçın advised Işık Plastik, a leading Turkish plastic injection and OEM production company on its Initial Public Offering with the BIST. This is the first IPO of 2021, 14.2 times oversubscribed, record breaking with over 400,000 investors, corresponding to one out of every five investors in the BIST.
Akol Law is shortlisted at the Chambers Europe Awards 2021
Akol Law is shortlisted as "Turkey Law Firm of the Year" at the Chambers Europe Awards 2021. Thank you to all peers and clients for their trust and support. #ChambersEuropeAwards
Akol Law advises Human Care, a portfolio company of AppliedValue Group, on its acquisition of Kenmak
Our Corporate and M&A team led by Meltem Akol and Tugce Tatari represented Human Care, a portfolio company of AppliedValue Group in its acquisition of 100% stake in Kenmak, a leading producer of hospital equipment, beds, and other supplies to most of local hospitals in Turkey as well as more than 70 countries in Middle East, North America, Europe, Middle East, and Africa, with production facilities in Izmir.
Akol Law advises Global Ports Holding on the indirect sale Port Akdeniz to QTerminals.
Our Corporate and M&A team led by Meltem Akol and Tugce Tatari represented Global Ports Holding, one of the world's largest independent cruise port operators, in the indirect sale of 99.9% stake in Port Akdeniz to QTerminals.
Akol Law represents Yapı Kredi and Halkbank in restructuring of the project financing of Çan Kömür.
Our Banking & Finance led by Ömer Gökhan Özmen and Güneş Yalçın represented Yapı Kredi and Halkbank in restructuring of Çan 2 Thermal Power Plant project financing of Çan Kömür.
Akol Law represents TSKB in the Sustainable Eurobond Issuance
Our Banking & Finance and Capital Markets team led by Güneş Yalçın represented TSKB in the Sustainable Eurobond issuance.
Chambers and Partners ranks Akol Law in Fintech practice in Turkey
We are pleased and honored to receive this recognition from Chambers and Partners for the #Fintech practice in Turkey.
Akol Law represents Vakıfbank in the first Sustainable Eurobond issued by a Turkish deposit bank.
Our Banking & Finance and Capital Markets team led by Güneş Yalçın represented Vakıfbank in this landmark Sustainable Eurobond issuance.
Akol Law advises Kervan Gıda on its Initial Public Offering
Our Capital Markets Team led by Ömer Gökhan Özmen and Güneş Yalçın represented Kervan Gıda and Oyak Yatırım in Kervan Gıda’s landmark IPO.