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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

OYAK to merge five cement companies on Istanbul Stock Exchange · Endata

◂ Announcements

Dec 19, 2019ACQUISITIONTürkiye

OYAK to merge five cement companies on Istanbul Stock Exchange

OYAK Holding is merging five of its listed cement companies (Adana Çimento, Mardin Çimento, Denizli Çimento, Bolu Çimento, Ünye Çimento and Aslan Çimento) to create synergies. The six firms have a total grinding capacity of 22.5 Mta.

Status

Announced

Capacity

22.5 Mta grinding capacity

Productscement

CompaniesOYAK Adana Çimento target Mardin Çimento target Denizli Çimento target Bolu Çimento target Ünye Çimento target Aslan Çimento target

Sectors#Construction Materials

“To create synergies in line with our strategic plans and our targets for the cement sector.”cemnet.com

1 source
cemnet.comOYAK to merge five companies on Istanbul Stock ExchangeDec 19, 2019

Summarized from public sources; check the original articles before acting on it.

More from OYAK

Feb 2, 2021ACQUISITIONTürkiye$640.0M
Taiwan Cement acquires 40% stake in OYAK Çimento for $640 million
Taiwan Cement acquirer OYAK Cimento AS target oyka.com.tr
Aug 14, 2019ACQUISITIONScunthorpe, United Kingdom
OYAK becomes front runner to bid for British Steel
British Steel target OYAK acquirer cemnet.com f.aa.com.tr eurometal.net
Nov 2, 2018ACQUISITIONTurkey, Türkiye$640.0M
Taiwan Cement acquires 40% stake in Oyak Çimento for $640M
Taiwan Cement acquirer OYAK Cimento AS target cemnet.com
Oct 31, 2018ACQUISITIONTürkiye$1.10B
Taiwan Cement and OYAK Group form joint venture for cement markets
Taiwan Cement investor OYAK partner e.ccement.com
Oct 30, 2018INVESTMENTNetherlands$1.10B
Taiwan Cement to invest US$1.1bn in joint venture with OYAK in Netherlands
Taiwan Cement investor OYAK partner cemnet.com

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