Arteche acquires 100% of Esitas

Arteche has acquired 100% equity stake in Esitas, a Turkish transformer manufacturer with factories in Turkey and Indonesia, marking the first M&A deal in the Turkish transformers market.

“We are proud to have had exclusively advised Esitas founders in this landmark transaction, where we are witnessing a global industrial company acquires for the first time a transformer company in Turkey.”kerimkotan.com

• 1 source
• kerimkotan.comSell-side advisory to Esitas shareholders in their sale ...Yasin KelesJul 11, 2022

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