.
MergerLinks Header Logo

New Deal


Announced

Completed

OYAK completed the acquisition of Milangaz from Demiroren Holding.

Synopsis

Ordu Yardimlasma Kurumu, a pension fund, completed the acquisition of Milangaz, an LPG transmission company, from Demiroren Holding. Financial terms were not disclosed. "With the acquisition of Milangaz, we will now begin to serve 100% domestic capital in the entire value chain of the LPG industry, including wholesale, autogas and bottled LPG. Milangaz’s high filling capacity, wide network coverage and storage capacity that is over the average will provide us with new business opportunities. In the coming period, while the number of our members will increase, we will continue to benefit from efficient investments for our members’ savings and to contribute to the growth and employment targets of our country in line with our values," Süleyman Savaş Erdem, OYAK General Manager.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US