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Turkish auto parts manufacturing company seeks to sell 50% equity.
|Industry||Resources and Raw Materials|
|Total value of the target||N/A|
|Expected target net rate of return after deducting all taxes and fees||N/A|
|Validity period of pending order||365|
Assistant Manager, International Business Advisory
|Project highlights||Audi, GM, Ford - USD 262 M revenue - 90,0000 square meters' factories|
The Turkish company is a power engine parts manufacturer, mainly producing piston, cylinder liner, gas ring and other parts. The company is jointly established by a Turkish local enterprise and the American Federal Mogul. It has famous customers such as Audi, Volvo, General Motors and Ford. It owns a Turkish-listed company. In 2020, the company's revenue is USD 262 million (EUR 250 million). The company has three factories in Istanbul with a total area of nearly 90,000 square meters. The company seeks to sell 50% equity.
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