Erdemoğlu Group $104 million acquisition of 51% of Sasa Polyester Sanayi from Sabancı Holding

13/1/2015
Private acquisition

$ 104 million

Completed

13/1/2015


Overview:

  • Erdemoğlu Holding acquired a 51% stake in Sasa Polyester Sanayi from Hacı Ömer Sabancı Holding for $104 million.
  • The deal followed a previous bid by Indorama Netherlands for the same stake that was terminated following a competition investigation phase opening

Jon Moore - Journalist

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