We are proud to have acted on the IPO and Borsa Istanbul listing of Türkiye’s leading tile manufacturer Kaleseramik (Kaleseramik, Çanakkale Kalebodur Seramik Sanayi A.Ş.), which has been pioneering the ceramic sector globally with its innovations since its establishment in 1957.
Total funds raised in the public offering amounted to TL 2.73 billion (approx. $105 million) and the offering was almost four times oversubscribed, mostly by retail investors.
Paksoy team led by partner Ökkeş Şahan, together with senior associate Merve Kurdak, and associate Bengisu Yılmaz, acted as one of the transaction counsels on this IPO and Turkish listing.
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