Kinstellar and its Turkish affiliate KST Law have advised Grupo Antolin on the sale of a 45% stake in the Turkish joint venture Ototrim to its JV partner Diniz Holding. SEOR Law reportedly advised Diniz Holding.
The transaction remains contingent on regulatory approval.
Grupo Antolin is a car interior manufacturer.
Diniz Holding manufactures automobiles.
According to Kinstellar, “following this transaction, Grupo Antolin will retain a 5% stake in the joint venture and continue its collaboration with Diniz Holding.”
The Kinstellar team included Partner Mert Elcin and Associates Sila Ozge Sayli and Osman Tugberk Cakirca.
