On 23 September 2026, the Kocadağ Family entered into a share purchase agreement to sell their 70% stake in Espressolab, a leading local coffee shop chain with more than 400 stores. The stake is being acquired by Mair Group, a UAE-based strategic investor focused on the food industry. The transaction remains subject to customary closing conditions, including competition clearance.
Paksoy is pleased to announce that the transaction is led by partner Elvan Aziz, together with senior associate Pınar Babaoğlu, and associates Hazal Şenol and İrem Deyneli, acting as counsel to the Kocadağ Family on this transaction.
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