Aydemir has advised Titan Cement International on an agreement to divest its 75% share in Adocim Cimento Beton for USD 87.5 million with 50% being sold to Mugla Cimento and 25% to Yurt Cimento.
The transaction remains contingent on regulatory approval.
According to Aydemir, Adocim Cimento Beton includes cement assets in the Eastern Region of Turkiye.
The Aydemir team included Managing Partner Ilber Aydemir, Partner Gupse Hatko Aydemir, Associates Naci Bulent Erturgut and Basak Oncel, and Legal Trainees Ceyhun Sefer and Basak Ozhan.
