Cross-border acquisition of a manufacturing facility in Türkiye
End-to-end representation of the buyer, from due diligence to closing, in a European industrial group's acquisition of a manufacturing facility in Türkiye. The parties have been anonymised for confidentiality.
The need for predictability in a multi-jurisdictional acquisition
Our client aimed to integrate a strategic manufacturing facility in Türkiye into its group structure. The transaction simultaneously involved different legal systems, a complex supply chain, and employment, environmental, and incentive dimensions. The buyer's priority was to see the risks clearly before closing and to preserve the commercial timeline.
The process would be conducted simultaneously across three separate jurisdictions and would require coordination between the German parent company, the Turkish target company, and the financing structure in Luxembourg.
Our Approach
We managed the transaction in three phases, keeping the commercial objective at the centre.
01 · Due Diligence
Comprehensive due diligence covering legal, tax and compliance dimensions; mapping of the risks and clear reporting for the decision-maker.
02 · Structuring
Designing a tax-efficient transaction structure compatible with the three jurisdictions and aligning it with the financing.
03 · Negotiation & Closing
Negotiation of the share purchase agreement, warranty and indemnity provisions, and closing conditions; management of the simultaneous signing and closing.
Timeline
A seven-month process from signing to closing, in seven stages.
A closing on schedule, with no surprises
The transaction was completed within the targeted commercial timeline and in full alignment with the risk framework the client had seen from the outset. We also left a clear compliance roadmap for post-closing integration.
- Transaction completed in 7 months from signing to closing
- Single-point coordination across three jurisdictions
- Preservation of incentive and employment continuity
- Compliance roadmap for post-closing integration
The Köksal team managed a complex process spanning three countries as a single team. We saw the risks clearly from the very start and reached closing without any disruption to our commercial timeline.European Industrial Group · Legal Director
Services Involved in This Matter
Planning a similar transaction? Explore the services we provided in this matter.
Related Areas of Expertise
The practice and focus areas engaged on this matter.
Sectors
The sectors in which we most frequently advise on matters of this kind.
Automotive
Contract, compliance, investment, and dispute advisory across the automotive value chain for OEMs, suppliers, distributors, and investors.
Explore →Technology
Legal advisory on licensing, SaaS, data, intellectual property, investment, scaling, compliance, and product law for technology companies.
Explore →Iron & Steel
Advisory services on industrial production, raw material supply, energy, exports, ESG, occupational safety, and commercial disputes.
Explore →Related Publications
Our insights and guides related to this matter.
Foreign direct investment in Türkiye: legal framework and opportunities
An overview of company formation, incentives, and compliance processes for foreign investors.
Read more →
Client Information Note: Türkiye’s New Tax and Investment Incentives for Attracting Foreign Investors
Client note on Türkiye’s 2026 incentive package: the 12.5% corporate tax rate for manufacturing, the 100% deduction for service exports, Qualified Service Centres, transit trade and Istanbul Finance Centre benefits, and the 20-year exemption for relocating individuals.
Read more →
Export terms handbook
Delivery terms, payment methods and export documents: how the Incoterms rule, the payment method and the document set have to be designed as one file — and the mistakes that most often surface after shipment.
Read more →The Team on This Matter
Our multilingual team handling the matter.
Related Matters
A selection of similar transactional and advisory matters.
Structuring an investor share transfer in a growth round
Share transfer, shareholders' agreement and compliance processes in a venture capital investment.
Structuring an incentivised manufacturing investment
Management of company formation, the incentive certificate and compliance processes in a greenfield investment.
Uninterrupted legal counsel for a multinational supplier
Retainer-based support across day-to-day commercial operations, contract management and compliance processes.
A typical acquisition consists of the following stages: preliminary agreement, legal and financial due diligence, contract negotiation, closing, and post-closing integration. We coordinate the process from start to finish and manage the risks at every stage.
Due diligence reveals the target company's hidden liabilities, litigation, contractual, and compliance risks before closing. These findings directly affect both the price and the warranty and indemnity clauses in the agreement.
While it varies according to the size of the transaction, the scope of due diligence, and the required approvals, most mid-sized acquisitions take several months. We establish the timeline from the outset and manage the process so as to accelerate it.
Due to the legal profession's duty of confidentiality and client privacy, we share the files in anonymised form in a way that reflects the nature of the work.
To complete a similar transaction with confidence.
Let us manage your process from start to finish with our experience from similar cases.