Press Releases

February 2024
Led by ÜNLÜ & Co, the IPO of Oba Makarna, a leading company in the sector with its modern production facilities, technological infrastructure and emphasis on R&D, which has been the pasta export champion in the last 10 years, was successfully completed. The IPO received TL 18.5 billion in demand from investors during the bookbuilding process. Oba Makarna, which priced its IPO at TL 39.24 per share, received 4.9 times the amount of the public offering from 3.4 million investors, resulting in a total IPO size of TL 3.8 billion. 49% of the shares offered to the public were allocated to domestic individual investors, 1% to company employees, 45% to domestic institutional investors and 5% to foreign institutional investors.

September 2023
Operating through 220 stores across 64 provinces in Türkiye, and its online platform bebek.com, ebebek’s IPO, led by ÜNLÜ & Co, is successfully completed following the bookbuilding process on August 29, 31, and September 1, capturing an overwhelming interest from investors. ebebek IPO, priced at TL 46.50 per share, generated demand from more than 3.9 million investors, at 7.7 times the amount of the public offering, resulting in a total IPO size of TL 1.860 million. 48 percent of the shares were allocated to domestic individual investors, 25 percent to domestic institutional investors, 2 percent to company employees and 25 percent to foreign institutional investors.

July 2023
ÜNLÜ & Co acted as the buy-side advisor in the acquisition of majority shares of Tunay Gıda, major producer of organic fruit concentrate and fruit puree in Turkey, by Gat Foods - IBBL, operating worldwide in the same industry. Following the transaction, Tunay Gıda will expand its presence under the roof of Gat Foods - IBBL.

April 2023
ÜNLÜ & Co acted as the sell-side advisor of Actera Group investment Korozo Group in the sale of its subsidiary and one of the largest global IML (In-mold labeling) producers, Korsini, to MCC Verstraete N.V, a subsidiary of US-Based Multi-Color Corporation. Korsini will further expand its presence in local and global markets, bolstered by MCC ownership

January 2023
ÜNLÜ & Co acted as the sell-side advisor of Fourlis Group, in the sale of its subsidiary Intersport Atletik Mağazacılık ve Dış Ticaret Anonim Şirketi, operating under “Intersport” and the "The Athlete's Foot" brands in Turkey.

January 2023
ÜNLÜ & Co acted as the sell-side advisor of Turkey’s global fashion brand DeFacto in the sale of its minority shares to European Bank of Reconstruction and Development (“EBRD”).