Innovalift AB, a wholly-owned subsidiary of Investment AB Latour, which is an investment company consisting primarily of wholly-owned industrial operations and an investment portfolio of listing holdings, has signed a share purchase agreement on 16 July 2024 to acquire the shares representing the entire share capital of Arkel Elektrik, a leading Turkish manufacturer of components for elevators, for both new installations and the growing modernization segment. The transaction is expected to close upon clearance from the Turkish Competition Board.
The deal will result in the expansion of Innovalift AB’s geographic reach, will strengthen its position within the control systems and related elevator components, and will complement its product portfolio of components for elevators.
Paksoy is pleased to announce that a team led by partner Nihan Bacanak, together with senior associate Yeşeren Sözüer and associate İdil Güneş advised Innovalift AB on this transaction.
Share
Related persons
You can contact us for detailed information.


Legal Information
This briefing is for information purposes; it is not legal advice. If you have questions, please call us. All rights reserved.
You May Be Interested In
6 March 2026
Paksoy advises on Türkiye Petrolleri’s landmark USD 4 billion Sukuk Programme and inaugural USD 1 billion issuance
Paksoy is pleased to have advised on the establishment of Türkiye Petrolleri’s USD 4 billion Sukuk Issuance Programme and the successful…
27 February 2026
International Women’s Day 2026 – Women at Paksoy
At Paksoy, we believe women are fundamental to our leadership and value creation. Their contribution is not just part of our identity - it…
23 February 2026
Doğuhan Uygun and Pınar Noberi contributed to the Austrian Yearbook on International Arbitration 2026
We are pleased to announce that Doğuhan Uygun, partner, and Pınar Noberi, associate, have contributed to the Austrian Yearbook on…
18 February 2026
Once again, we are recognised among the top-tier in the Chambers Global Guide 2026
We are appreciative of the continued top-tier recognition of our firm and lawyers by the Chambers Global Guide 2026.
16 February 2026
Paksoy advised H.I.G. Capital on its acquisition of Atlas Dunnage
Paksoy advised H.I.G. Capital on its acquisition of Atlas Dunnage.
12 February 2026
Paksoy advised Tiryaki Agro on its acquisition of Savola Foods Turkey
Paksoy advised Tiryaki Agro on its acquisition of Savola Foods Turkey.