2011 - Financial Advisor to the sellers of BirgiMefar Group
Raiffeisen Investment advised the sellers of BirgiMefar Group, a leading Turkish pharmaceuticals contract manufacturing and services group, on the sale of its majority stake to two leading private equity houses, Ethemba Capital and NBGI Private Equity. The transaction was closed on June 30, 2011.
2011 - Sell - Side Advisor to the Turkish Government
Raiffeisen Investment together with Lazard and McKinsey acts as a sell side advisor to the Turkish Government. The Turkish Government is in the process of subsequently privatising regional electricity distribution companies owned by TEDAŞ (Turkish Electricity Distribution Company). The privatization of all 18 distribution regions represents the largest privatization mandate in the history of energy & utility privatizations in South Eastern Europe. Raiffeisen Investment advised the Turkish Prime Ministry Privatisation Administration on the privatization of Fırat Elektrik Dağıtım A.Ş. The transaction was closed on 6 January 2011.
2010 - Sell - side Advisor to Hobi Kozmetik
RIAG has been retained by the shareholders of Hobi Kozmetik as their exclusive sell-side advisor to sell 100% stake. Dabur India Limited was selected as the preferred party in the process with its offer of USD 69m for 100% stake of Hobi Kozmetik. The transaction was closed on the 8th of October, 2010.
2010 - Financial Advisor for Ceynak Lojistik A.S.
Ceynak Lojistik A.S. took the control of Samsun Port, one of the largest ports of the Black Sea region of Turkey, from the Privatisation Authority of the Turkish Republic ("PA") on April 6, 2010. RIAG acted as the exclusive financial advisor of Ceynak Lojistik A.S. in its search for project finance. The transaction was closed on the 6th of April, 2010.
2010 - Sell- side Advisor to ABK Enerji Elekrtik Uretim A.S.
In 2010, Raiffeisen Investment acted as exclusive sell-side financial advisor to the shareholders of ABK Enerji Elektrik Uretim A.S. to sell 100% stake. A group of Turkey based investors has acquired ABK Enerji Elektrik Uretim AS, which controls a 30 MW late development stage wind farm project located in Western Turkey, for an undisclosed consideration. The project was ready for construction with all legal permits acquired and financing in place.
The transaction was closed on the 5th of April, 2010.
2009 - Buy-side Advisor to Statkraft AS.
In 2009, Raiffeisen Investment successfully advised Statkraft, the largest Norwegian power company, against several other bidders on entering the Turkish hydro power market. Statkraft and Global Yatirim Holding, a publicly quoted Turkish holding company, have closed a transaction pursuant to which Global sells 95% of its shares in its wholly owned subsidiary Yesil Enerji A.S., which holds controlling interests in seven hydroelectric plants throughout Turkey with a combined generation capacity of ca. 547 MW, to Statkraft.
2008 - Financial Advisor to the Government of Turkey
In 2008, Raiffeisen Investment was part of an advisory consortium to the Government of Turkey on the privatisation of the electricity distribution companies Baskent Elektrik Dagıtım (BEDAŞ) and Sakarya Elektrik Dagıtım AS (SEDAŞ) by means of share sale. BEDAŞ was sold for EUR 776m to Enerjisa, a consortium formed by Verbund and Sabancı while SEDAŞ was sold for EUR 380m to Akcez, a consortium between CEZ and Akenerji. Both deals were closed in September 2008.
2008 - Sell-Side Advisor to the Shareholders of
Yeni Ilac
In 2008, Raiffeisen Investment acted as the sell side advisor to the shareholders of Yeni Ilac ve Hammaddeleri, a mid-size Turkish pharmaceutical company, on the sale of 100% stake of Yeni Ilac ve Hammaddeleri to Recordati, a European pharmaceutical group with headquarters in Milan – Italy, for EUR 48m and some post-closing considerations.
2007 - Privatisation Advisor to the Turkish Government
In 2007, Raiffeisen Investment acted as sell side advisor to the Privatisation Administration of Turkey on the sale a of 51% stake in PETKIM Petrochemical Holding to the Consortium of Injaz Projects of Saudi Arabia and Turcas Petroleum of Turkey.
Transaction Value: USD 2.005.000.000
2006 - Buy-side Advisor to Celebi
Underpinning its already strong position in Turkey and Hungary, Raiffeisen Investment has successfully advised the Turkish Celebi group on the acquisition of 100% of the share capital of Budapest Airport Ground Handling Ltd. Having experienced a period of substantial growth in its domestic market, this acquisition marks the Celebi's first step into Central and Eastern Europe, Europe's most rapidly growing market in terms of passenger and cargo growth.
2006 – Privatisation Advisor to the Government
In 2004-2005, Raiffeisen Investment advised the Turkish Privatisation Administration for the sale of a majority stake in ERDEMIR, the largest steel privatisation by transaction values in 2005, 49% of which was sold to the OYAK Group for more than twice its market capitalisation.