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Lexist, Gedik & Eraksoy, and Ergun Advise on YMN’s Acquisition of OfCay from Jacobs Turkiye and Related Financing

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Lexist has advised Efor Holding subsidiary YMN Icecek Gida on the acquisition of Of Caysan Tarim Urunleri Entegre Tesisleri Sanayi ve Ticaret from Jacobs Turkiye and has also advised both YMN and OfCay as borrowers on the acquisition financing provided by Turkiye Is Bankasi. Allen Overy Shearman Sterling’s Turkish affiliate Gedik & Eraksoy advised Jacobs Turkiye. Ergun advised Is Bankasi.

According to Lexist, Efor Holding is a Turkish diversified group active across the food, agriculture, mining, energy, and construction sectors. The transaction strengthens the group’s position in the Turkish tea market, complementing its existing brand, Efor Cay, with the addition of OfCay.

The Lexist team included Partners Murat Erbilen and Duygu Ozturk Dincer, Senior Associate Aydan Firtina, and Associates Ulas Candan and Ceyda Serra Yasar.

The Gedik & Eraksoy team included Partner Caner Elmas, Senior Associate Alper Guner, and Associate Idil Gunes.

The Ergun team included Partners Gokhan Okan and Irmak Yensel Nergiz, Senior Associate Oyku Su Karahan, Associates Zeynep Metin and Naz Cercioglu, and Legal Intern Asil Boran Eri.