Mergers and Acquisitions (M&A) in Turkey: Strategic Growth & Advisory

Mergers and Acquisitions (M&A) are pivotal corporate finance strategies designed to foster rapid growth, increase market share, and create operational synergies. Whether through the consolidation of two entities or the strategic acquisition of a target company, M&A activities represent a cornerstone of Turkey’s vibrant economic landscape.

A Resilient Investment Hub

Over the last decade, Turkey has solidified its position as a primary destination for foreign direct investment (FDI). Thanks to a series of structural reforms and an investor-friendly legal framework, the country has become a strategic hub connecting Europe, Asia, and the Middle East. Despite global economic fluctuations, Turkey continues to attract significant capital, with tens of thousands of foreign-funded companies operating across various industries.

Key Trends and Sectoral Interest

International investors, particularly from the EU, USA, and Gulf countries, show a sustained interest in the Turkish market. Key sectors driving M&A activity include:

• Technology & Fintech:Rapidly growing ecosystem attracting venture capital and private equity.
• Energy & Infrastructure:Strategic projects and renewable energy transitions.
• Manufacturing & Logistics:Leveraging Turkey’s geographic advantage and robust industrial base.
• Financial Services:Continuous consolidation and digital transformation initiatives.

Expert M&A Advisory by Atlas Global Audit & Accounting

M&A transactions involve complex legal, financial, and tax considerations. At Atlas Global Audit & Accounting, we provide end-to-end support to ensure your transaction is secure and value-driven. Our services include:

• Financial Due Diligence:Rigorous examination of the target company’s financial health.
• Tax Due Diligence:Identifying potential tax liabilities and optimizing the deal structure.
• Company Valuation:Providing fair and accurate business valuations.
• Post-Merger Integration:Assisting in the financial and operational alignment after the deal closes.

Navigate your M&A journey in Turkey with a partner you can trust. Contact us for professional consultancy.

MERGER AND ACQUISITION TRANSACTIONS

A prior clearance of the Competition Authority is required for transactions resulting in a change of control if certain thresholds on the turnover of the transaction parties and/or the target have been exceeded. The transactions requiring clearance could be in the form of a merger, share transfer, asset transfer or otherwise. Accordingly, clearance of the Competition Authority shall be required if:

The total turnover of the transaction parties in Turkey exceeds TRY 750,000,000 and turnovers of a least 2 of the transaction parties in Turkey each exceed TRY 250,000,000.

The asset or activity subject to the acquisition (i.e. the target) has a turnover in Turkey exceeding TRY 250,000,000 and the other party to the transaction has a global turnover exceeding TRY 3.000,000,000.

The relevant communiqué of the Competition Authority deines “control” as “rights, contracts or other instruments which, separately or together, allow de facto or de jure exercise of decisive inluence over an undertaking”.