Paksoy, working with Linklaters, has advised DP World on establishing a partnership with Evyap Group. Herguner Bilgen and Guzeldere Balkan Gocen reportedly advised Evyap.
DP World is a provider of smart end-to-end supply chain logistics.
Evyap Group is a Turkish port operation conglomerate.
According to Paksoy, "the partnership has been formed through mutual acquisition of the parties’ respective port operator subsidiaries, where DP World has acquired 58% shares of Evyap Port, and Evyap has acquired 42% shares of DP World Yarimca Port. The partnership will combine DP World's global expertise with Evyap Group's local knowledge to enhance supply chain solutions in Turkiye, and is expected to improve productivity, reduce turnaround times, enhance security measures, and broaden service offerings in the Marmara region, ultimately benefiting Turkish trade."
The Paksoy team included Partner Nihan Bacanak and Associates Beritan Zorkun Arik and Idil Gunes.
Editor's Note: After this article was published, Guzeldere Balkan Gocen confirmed its involvement to CEE Legal Matters. The firm's team included Partners Altug Guzeldere and Erdem Balkan and Associate Tugba Vural Ekmekci.
