JDE entered into a Joint Venture with Ofçay

JDE entered into a Joint Venture with Ofçay

Buyer

TransaCtion

entered into a Joint Venture with

Target

DatE

2018

Information about the Buyer

Founded in 1885, JDE currently operates in more than 140 countries around the world. Mostly known for its Jacobs brand in Turkey, the company became Jacobs Douwe Egberts after a merger between its parent company Acorn Holdings and American confectionary and beverage company Mondelez International in 2015

 

 

Information about the Target

Of Çaysan Tarım Ürünleri Entegre Tesisleri Sanayi ve Ticaret A.Ş., one of the leading Turkish firms that has been pioneering the tea business with its Ofçay branded products and has been continuously operating since 1985, the year in which the state-monopoly in the tea market was abolished.

Translink’s team advised Ofçay on the acquisition process. The process included preparing the company for the Joint Venture and negotiating key transaction terms and documents. Translink’s transaction advisor was Andreas Hüchting (Managing Partner).

Team

Andreas Hüchting

“We are proud to have contributed to a successful transaction”.