In January 2025, Kinstellar announced that Quexco Incorporated's acquisition of Mutlu Aku (as reported by CEE Legal Matters on September 26, 2024) has closed.
As previously reported, Kinstellar and its Turkish affiliate KST Law, working with Bowmans, have advised Quexco Incorporated on its USD 110 million acquisition of Mutlu Aku from Metair International Holdings Cooperatief. Linklaters, working with Webber Wentzel and Taboglu, advised Metair.
Quexco Incorporated is a US-based private holding company with investments in the lubricants space.
Mutlu Aku is an auto battery manufacturer and waste battery recycling facility owner in Turkiye.
Metair International Holdings Cooperatief is a member of Metair Group, a South African listed company.
The Kinstellar team included Partners Partner Emre Ozer and Mert Elcin, Senior Associate Seyma Olgun, and Associates Sila Sayli, Helin Akbulut, and Nihal Dilan Canturk.
The Linklaters team included Warsaw-based Partner Daniel Cousens and further team members in Duesseldorf and London.
The Taboglu team included Partner Esin Taboglu, Senior Associate Sena Karadayi, and Associate Zeysan Alkis.
