MergerLinks Header Logo

Announced

Çimsa to acquire a 94.7% stake in Mannok from Silver Point Capital, Brigade Capital, and Contrarian Capital Management.

Synopsis

Çimsa, a building material company, agreed to acquire a 94.7% stake in Mannok, a building materials producer, from Silver Point Capital, Brigade Capital, and Contrarian Capital Management, an investment management companies, for $330m. “We believe this agreement marks the beginning of a new era for Mannok. We are committed to preserving the existing workforce and creating new employment opportunities in the region to support Mannok’s further growth under the current strong local leadership team. As a company that places talent management at the core of our human resources philosophy, we will implement comprehensive talent development programs for Mannok’s employees," Umut Zenar, Çimsa CEO.

Principals

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Sort

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US