M&A Deal Summary

Zeren Group Acquires Turkiye Petrolleri

On November 25, 2024, Zeren Group acquired distribution company Turkiye Petrolleri

Acquisition Highlights
  • This is Zeren Group’s 1st transaction in the Distribution sector.
  • This is Zeren Group’s 1st transaction in Turkey.

M&A Deal Summary
Date 2024-11-25
Target Turkiye Petrolleri
Sector Distribution
Buyer(s) Zeren Group
Deal Type Add-on Acquisition

Target

Turkiye Petrolleri

Istanbul, Turkey
Turkiye Petrolleri operates over 800 fuel stations across Turkey, along with nine filling facilities and a storage capacity of approximately 307,000 cubic meters. Turkiye Petrolleri was founded in 1963 and is based in Istanbul, Turkey.

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Buyer(S) 1

Buyer

Zeren Group

Istanbul, Turkey
Category Company
Founded 1973
Sector Oil/Gas Exploration
DESCRIPTION

Zeren Group operates in energy sector and represents a consolidation of domestic energy companies. Zeren has a total network of 1,120 gas stations. Zeren Group was founded in 1973 and is based in Istanbul, Turkey.

DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Turkey) 1 of 1
Year (2024) 1 of 1
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