# OYAK Çimento merges with OYAK Concrete

OYAK Çimento Fabrikaları A.Ş. merged with OYAK Concrete in a simplified merger to streamline operations and increase efficiency, effective on the last day of 2020.

- Type: Acquisition
- Announced: 2020-12-31
- Where: Türkiye
- Status: completed
- Products: cement, concrete
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [OYAK Çimento Fabrikaları](https://endata.com/companies/52969.md) (acquirer)
- [OYAK Concrete](https://endata.com/companies/52970.md) (target)

## Sources

- [oyka.com.tr](https://www.oyka.com.tr/en/news/company-news/oyaks-last-move-of-the-year-oyak-concrete-merges-with-oyak-cimento-fabrikalari-as), 2021-02-02: "OYAK Çimento Fabrikaları A.Ş. has been merged with OYAK Concrete within the scope of a fast and profitable growth strategy."
- [oyakcimento.com](https://oyakcimento.com/en/news/company-news/oyaks-last-move-of-the-year-oyak-concrete-merges-with-oyak-cimento-fabrikalari-as), 2021-02-02: "OYAK Çimento Fabrikaları A.Ş. has been merged with OYAK Concrete within the scope of a fast and profitable growth strategy."

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