# Hoshizaki acquires 28.6% stake in Öztiryakiler

Japanese Hoshizaki Corporation acquired a 28.6% stake in Turkish industrial kitchenware manufacturer Öztiryakiler. The partnership agreement was announced on November 10, 2019, with Öztiryakiler's management remaining unchanged.

- Type: Acquisition
- Announced: 2019-11-10
- Where: Turkey, Türkiye
- Status: announced
- Products: industrial kitchenware, refrigerators
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Hoshizaki](https://endata.com/companies/21057.md) (acquirer)
- [Öztiryakiler](https://endata.com/companies/43198.md) (target)

## Sources

- [dailysabah.com](https://www.dailysabah.com/business/2019/11/10/japanese-firm-buys-286-stake-in-turkish-industrial-kitchenware-manufacturer-oztiryakiler), 2019-11-10: "We will invest in Öztiryakiler as the company's current management continues to drive its growth with deep and broad knowledge of the Middle East, Africa and European markets."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.