Univar Solutions (NYSE: UNVR), one of the world’s leading global commodity, specialty chemicals and ingredients distributor, has signed an agreement to acquire 100% of the shares in Kale Kimya, Turkey’s leading specialty chemicals distributor. The transaction is expected to close by the end of the first quarter of 2023, subject to certain regulatory approvals.
Paksoy is pleased to announce that a team led by partner Elvan Aziz and associates Tuğcan Akalın, Mete Siber and İdil Güneş advised Univar Solutions on this transaction, together with partner Togan Turan and senior associate Busra Akture with respect to its competition aspects.
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This is for information purposes; it is not legal advice. As laws and their interpretation may change, please consult Turkish legal counsel to confirm the current position and obtain advice tailored to your circumstances before making any decision or taking action in relation to your matter in Türkiye. All rights reserved.
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