Siniora, a leading global food company specializing in the production and distribution of processed meat products and other fast-moving consumer goods, has completed its acquisition of the remaining shares in Trakya Et ve Süt Ürünleri Sanayi ve Ticaret Anonim Şirketi (“Polonez”), thereby attaining full ownership of the company. Siniora initially acquired a 77% stake in Polonez in March 2021, becoming its majority shareholder. Paksoy also advised Siniora on that initial transaction. With the closing of the second transaction, Siniora has now acquired the remaining shares, and has become the sole shareholder of Polonez.
Paksoy is pleased to announce that a team led by partner Nihan Bacanak and senior associate Pınar Babaoğlu, together with associates Sabahattin Öztemiz and Tuna Çıtır, acted as counsel to Siniora Food Industries Company 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
7 November 2025
We maintain our Tier 1 rankings across all IFLR1000 2025 practice areas
We maintain our Tier 1 rankings across all IFLR1000 2025 practice areas. Being ranked Tier 1 across all IFLR1000 practice areas for Türkiye…
31 October 2025
Paksoy has advised Türk Telekom on its inaugural USD 600 million 5-year sukuk issuance
Paksoy has advised Türk Telekom on its inaugural USD 600 million 5-year sukuk issuance.
31 October 2025
Paksoy advised Borusan Next on the acquisition of Carvak
Paksoy advised Borusan Next on the acquisition of Carvak.
27 October 2025
Paksoy has advised the international syndicate consisting of IFC, AIIB, FMO and Green for Growth Fund, on the USD 340 million financing transaction with Enerjisa
Paksoy has advised the international syndicate consisting of IFC, AIIB, FMO and Green for Growth Fund, on the USD 340 million financing…
23 October 2025
Paksoy advised Türk Telekom on USD 600 million Green Notes offering due 2032
Paksoy advised Türk Telekom on USD 600 million Green Notes offering due 2032
22 October 2025
Paksoy has advised the international syndicate led by Bank of America, BNP Paribas and Société Générale on a USD 600 million loan to Koç Holding
Paksoy has advised the international syndicate led by Bank of America, BNP Paribas and Société Générale on a USD 600 million loan to Koç…