M&A Deal Summary

Turkven Acquires DHL eCommerce

On June 19, 2017, private equity firm Turkven acquired transportation company DHL eCommerce from MNG Group of Companies

Acquisition Highlights
  • This is Turkven’s 1st transaction in the Transportation sector.
  • This is Turkven’s 20th transaction in Turkey.
Investment Fate
  • DHL eCommerce was sold to a publicly-traded strategic buyer in 2023.

M&A Deal Summary

Date 2017-06-19
Target DHL eCommerce
Sector Transportation
Buyer(s) Turkven
Sellers(s) MNG Group of Companies
Deal Type Divestiture

Target

DHL eCommerce

Istanbul, Turkey
DHL eCommerce is a logistics and parcel delivery company providing domestic and international courier, express, and cargo services through an extensive distribution network across Turkey. DHL eCommerce was founded in 2003 and is based in Istanbul, Turkey.

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Buyer(S) 1

Buyer

Turkven

Istanbul, Turkey

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 1.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Turkven is an independent private equity firm targeting opportunities throughout Turkey. Turkven looks for situations requiring buyout, expansion and refinancing capital and will consider majority or minority investment positions. Prospective companies typically generate sales of $30 to $500 million. The Firm does not have any sector preferences. Turkven was formed in 2000 and is based in Istanbul.


DEAL STATS #
Overall 20 of 28
Sector: Transportation M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Turkey M&A 20 of 28
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-01 Mavi

Istanbul, Turkey

Mavi is a denim-centric casual wear company. Mavi's unique brand position with fashion-savvy, young adult customers and collaborates with top local and international celebrities in its marketing communications. Mavi was formed in 1991 and is based in Istanbul, Turkey.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-13 MLP Saglik Hizmetleri

Istanbul, Turkey

MLP Saglik Hizmetleri is a private hospital chain in Turkey with over 1,400 physicians and 3,300 beds across 23 hospitals. MLP Saglik Hizmetleri was founded in 1993 and is based in Istanbul, Turkey.

Sell -

Seller(S) 1

SELLER

MNG Group of Companies

Istanbul, Turkey

Category Company
Founded 1976
Sector Diversified
DESCRIPTION

MNG Group of Companies is a provider in the field of infrastructure and environment, transportation, building and superstructures.


DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Turkey M&A 1 of 1
Year: 2017 M&A 1 of 1