M&A Deal Summary

PPF Group and Haci Omer Sabanci Holding A.S. Acquire Temsa

On May 22, 2020, family office PPF Group and Haci Omer Sabanci Holding A.S. acquired automotive company Temsa

Acquisition Highlights
  • This is PPF Group’s 1st and Haci Omer Sabanci Holding A.S.’s 1st transaction in the Automotive sector.
  • This is PPF Group’s 1st and Haci Omer Sabanci Holding A.S.’s 1st transaction in Turkey.

M&A Deal Summary

Date 2020-05-22
Target Temsa
Sector Automotive
Buyer(s) PPF Group
Haci Omer Sabanci Holding A.S.
Deal Type Buyout (LBO, MBO, MBI)

Target

Temsa

Adana, Turkey
Temsa develops and makes a wide range of transportation products, including municipal and intercity buses, tourist coaches, commercial vehicles, and propulsion systems including modern electric units. Temsa was formed in 1968 and is based in Adana, Turkey.

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Buyer(S) 2

Buyer
DESCRIPTION

PPF Group is a diversified, family-backed international investment group founded in the Czech Republic, with its strategic headquarters registered in the Netherlands. The Group operates and invests across Europe, North America, and Asia—investing in sectors including financial services, communications, media, real estate, life science, and e-commerce. PPF Group was formed in 1991 and is based in Amsterdam.


DEAL STATS #
Overall 13 of 18
Sector: Automotive M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 8 of 11
Country: Turkey M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-27 Central European Media Enterprises

Hamilton, Bermuda

Central European Media Enterprises is an Eastern European free-to-air TV company that owns and operates a portfolio of commercial TV stations in six Eastern European countries, reaching approximately 82 million people across the Czech Republic, Romania, Slovenia, Slovak Republic, Croatia, and Bulgaria. Central European Media Enterprises is based in Hamilton, Bermuda.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-10 NBE-Therapeutics AG

Basel, Switzerland

NBE-Therapeutics is a privately-owned Swiss biotech company based in Basel and founded in 2012 with the vision of developing next-generation immune-stimulatory antibody-drug conjugate (iADC) products. NBE-Therapeutics advances its products to clinical proof of concept with the goal of improving treatment options for cancer patients. The company leverages proprietary platforms covering all aspects of ADC development: its Transpo-mAb Display technology for antibody discovery, its SMAC-Technology for site-specific payload conjugation of toxins to antibodies, and a novel highly effective and immune-stimulatory anthracycline-based toxin platform.

Sell €1.2B
Buyer

Haci Omer Sabanci Holding A.S.

Istanbul,, Turkey

Category Company
Founded 1967
Sector Diversified
Employees59,517
DESCRIPTION

Haci Omer Sabanci Holding A.S., through its subsidiaries, operates in various fields, including mainly finance, manufacturing, and trade.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 1
Country: Turkey M&A 1 of 1
Year: 2020 M&A 1 of 1