Ofçaysan Tarım Ürünleri Entegre Tesisleri Sanayi ve Ticaret A.Ş. entered into a JV with Jacobs Douwe Egberts
Last updated on August 21st, 2020 at 03:40 pm
Anafina Capital Partners, member of Translink Corporate Finance, is pleased to announce that it has served as an exclusive M&A advisor to Ofçaysan Tarım Ürünleri Entegre Tesisleri Sanayi ve Ticaret A.Ş., in connection with creation of a JV with Jacobs Douwe Egberts (JDE) Turkey.
This partnership will open up new growth opportunities in the Turkish hot beverages space, create synergies for both companies through the combination of both JDE’s international dimension & expertise in coffee with Ofcay’s local expertise in tea.
JDE, well known in Turkey for its Jacobs Brands, brings over 265 years of coffee expertise, while Ofcay, has been at the forefront of the Turkish tea category since its creation in 1985.
Under the terms of the agreement, both companies will contribute their existing local assets and will operate under the same umbrella.
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