Paksoy Advises Siniora Food Industries Company on the Acquisition of Remaining Shares in Polonez

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.