DP World, a leading global provider of worldwide smart end-to-end supply chain logistics, has closed the establishment of a strategic equity partnership with Evyap Group, a Turkish conglomerate, in port operation business in Türkiye. The partnership has been formed through mutual acquisition of the parties’ respective port operator subsidiaries, where DP World has acquired 58% shares of Evyap Port, and Evyap has acquired 42% shares of DP World Yarımca Port. The partnership will combine DP World’s global expertise with Evyap Group’s local knowledge to enhance supply chain solutions in Türkiye, and is expected to improve productivity, reduce turnaround times, enhance security measures, and broaden service offerings in the Marmara region, ultimately benefiting Turkish trade.
Paksoy is pleased to announce that a team led by partner Nihan Bacanak, together with associates Beritan Zorkun Arık and İdil Güneş acted as Turkish counsel to DP World on this transaction.
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