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 subsidiary of Turgut Aydın Holding and the owner of the A101 discount retail chain, successfully completed following receipt of the required regulatory approvals, including clearance from the Turkish Competition Authority.
The transaction formed part of the joint sale by Carrefour and Sabancı Holding of their combined 89.28% stake in CarrefourSA. Established in 1991 as a joint venture between Carrefour and Sabancı Holding, CarrefourSA operates a multi-format network of more than 1,200 stores across Türkiye.
Paksoy is pleased to announce that a team consisting of partners Stéphanie Beghe Sönmez (M&A, Intellectual Property), Nazlı Bezirci (M&A), Şansal Erbacıoğlu (Tax and Fiscal Services) and Ökkeş Şahan (Capital Markets), counsel Zeynep Toma (Intellectual Property), senior associate Beritan Arık (M&A), and associates Ayşegül Avcı (Intellectual Property) and Emre Açıkgöz (Capital Markets), acted as counsel to Carrefour on this transaction. Partner Togan Turan and senior associate Gamze Boran advised on Antitrust and Competition aspects.
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This is for information purposes; it is not legal advice. As laws and their interpretation may change, please consult Turkish legal counsel to confirm the current position and obtain advice tailored to your circumstances before making any decision or taking action in relation to your matter in Türkiye. All rights reserved.