Siniora Food Industries Company PLC (Siniora), a Jordan originated multinational market leader in the food industry, has acquired 77% stake of Polonez (Trakya Et ve Süt Ürünleri San. ve Tic. A.Ş.), a company renowned for its processed meat products in Turkey. The transaction successfully closed on 1 March 2021.

Paksoy is pleased to announce that a team led by Elvan Aziz (partner) together with Nihan Bacanak (partner) and Meriç Saçak (associate) acted as Turkish counsel to Siniora on this transaction with Eversheds Sutherland acting as global counsel.

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