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
10 August 2026
Paksoy closes Fysol’s acquisition of shares of Beşler Glass Fiber
Fysol, a France-headquartered player in the glass fiber industry backed by private equity firm Blantyre Capital, has completed the…
6 August 2026
Four Deals. Five Business Days. One Team.
The past week showcased the depth, coordination, and strength of our M&A practice, as our teams advised on four significant M&A deals…
6 August 2026
Paksoy closes APP’s acquisition of Sanipak from Eczacıbaşı Holding
On 31 July 2026, APP, through its Turkish subsidiary, completed its acquisition of Sanipak from Eczacıbaşı Holding following receipt of all…
5 August 2026
Paksoy closes Carrefour’s sale of its stake in CarrefourSA
On 31 July 2026, the sale of Carrefour's 32.16% stake in CarrefourSA, one of Türkiye's leading food retailers, to Yeni Mağazacılık A.Ş., a…
29 July 2026
Paksoy advises Azimut on the acquisition of Yapı Kredi Portföy, one of Türkiye’s leading asset management companies
On 29 July 2026, Azimut, a leading international asset management group, entered into a share purchase agreement to acquire approximately…
14 July 2026
Emre Kotil and Emre Açıkgöz contributed to the Türkiye Chapter of the AI Justice Atlas
As Türkiye's Grand National Assembly AI Research Commission's landmark report enters the public debate, the conversation around AI in…