Volex plc, the global supplier of integrated manufacturing services and power products, has signed a share purchase agreement for the proposed acquisition of the entire issued share capital of DE-KA Elektroteknik San. ve Tic. A.Ş., for a total consideration of up to EUR 61.8 million. The transaction is expected to close in January 2021, subject to the approval of the Turkish Competition Authority.

Paksoy is pleased to announce that a team led by Elvan Aziz (partner) together with Serdar Ildırar (counsel) and Gözde Zorlu (associate) acted as Turkish counsel to Volex plc on this transaction. Read more.

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