Borusan Next, a member of the Borusan Group and a leading company in the Turkish automotive sector, has completed the acquisition of the shares representing the entire capital of Carvak. The transaction received clearance from the Turkish Competition Authority on 18 September 2025. Following the completion of the acquisition, Borusan Next has become the sole shareholder of Carvak, and it is anticipated that the service standards will be further elevated through Carvak’s technological infrastructure and sectoral experience.
Paksoy is pleased to announce that a team led by partner Nazlı Bezirci and senior associate Melisa Sevinç Atılganer, together with associate Sabahattin Öztemiz acted as counsel to Borusan Next on this transaction. The merger clearance for the transaction was carried out by a team led by partner Togan Turan and associate Selen Toma.
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
8 December 2025
We are named Turkey Legal Advisor of the Year at the 2025 Mergermarket European M&A Awards
We are proud to share that we have been named the Turkey Legal Advisor of the Year at the Mergermarket European M&A Awards 2025.
4 December 2025
We are, once again, ranked Highly Recommended in Türkiye in the GCR 100 2026
We are, once again, ranked Highly Recommended in Türkiye in the GCR 100 2026, the global guide recognizing the world’s leading competition…
2 December 2025
Serdar Paksoy Shared Insights in the Anti-Corruption Report Interview
David Hill from the Anti-Corruption Report spoke with Serdar Paksoy about the country’s anti-corruption laws, enforcement and related risks…
25 November 2025
Paksoy Celebrates 7 GBM Awards at 2025
Paksoy celebrates 7 GBM Awards at 2025, showcasing our strength in complex debt finance, sukuk, project finance & private credit.
19 November 2025
Paksoy advises Founders on their sale of Apsiyon
Paksoy advises Founders on their sale of Apsiyon
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…