# Akkok Holding to acquire 51% stake in Epsilon Kompozit

Akkok Holding signed a purchase agreement to acquire a 51% share in composite parts manufacturer Epsilon Kompozit, pending Competition Authority approval. The acquisition aims to make composites a main business line for the holding.

- Type: Acquisition
- Announced: 2021-07-12
- Where: Ankara, Türkiye
- Status: announced
- Products: composite parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Akkok Holding](https://endata.com/companies/56545.md) (acquirer)
- [Epsilon Kompozit](https://endata.com/companies/56546.md) (target)
- [ARD Holding](https://endata.com/companies/56547.md) (partner)
- [NDC Holding](https://endata.com/companies/56548.md) (partner)
- [Epsilon Composite](https://endata.com/companies/56758.md) (target)

## Sources

- [trmonitor.net](https://www.trmonitor.net/akkok-holding-to-acquire-epsilon-kompozit/), 2021-07-19: "Our goal is international leadership in the sector with Epsilon Kompozit, manufacturing and exporting composite parts for various sectors in heavy industry, notably aviation."
- [turkchem.net](https://turkchem.net/en/english/akkok-holding-acquires-epsilon-composite-a-company-that-manufactures-for-global-giants), 2021-07-29: "Akkök Holding, one of Turkey's most well-established industrial enterprises, has applied to the Competition Authority by signing an acquisition agreement for a 51 percent share in Epsilon Composite"

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