Ulker to Start Negotiations to Acquire All Controlling Shares of Onem Gida
July 01, 2021 at 01:44 am EDT
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Ülker Bisküvi Sanayi A.S. (IBSE:ULKER) on June 30, 2021 decided to start negotiations with its ultimate controlling shareholder Yildiz Holding A.S. for the acquisition of all controlling shares of Onem Gida Sanayi Ve Ticaret A.S.
Ulker Biskuvi Sanayi AS, formerly Ulker Gida Sanayi ve Ticaret AS, is a Turkey-based food manufacturer, specializing in cookies, crackers, chocolate covered cookies and wafers. The Company offers products under such brand names, Potibor, Cizi, Krispi, Haylayf, Mavi Yesil, Hanimeller, Bebe Biscuits, Biskrem, Krim Kraker, Probis, Cokoprens, As Kraker, Basak, Ikram and Canpare, among many others. Ulker Biskuvi Sanayi AS 's products are mainly exported to the Middle East, Russia and Central Asian Republics, as well as to Europe. The Companyâs subsidiaries include Istanbul Gida Dis Ticaret AS, Atlas Gida Pazarlama Sanayi ve Ticaret AS, Birlesik Dis Ticaret AS, Ulker Cikolata Sanayi AS, Reform Gida Pazarlama Sanayi ve Ticaret AS and Sabourne Investments Ltd.