# 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.

- Type: Acquisition
- Announced: 2022-07-11
- Where: Turkey and Indonesia, Türkiye
- Status: completed
- Products: low and medium voltage instrument transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Arteche](https://endata.com/companies/37692.md) (acquirer)
- [Esitas](https://endata.com/companies/64055.md) (target)

## Sources

- [kerimkotan.com](https://kerimkotan.com/arteche-esitas/), 2022-07-11: "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."

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