Seğmen Gıda has announced an agreement for the sale of a 74.85% non-public stake in the company for $82.4 million. Altun Gıda A.Ş., one of Turkey’s leading fruit and vegetable exporters, and GMS Yatırım Holding are set to acquire the majority shares pending approval from the Competition Authority
A share purchase agreement has been signed between the shareholders of Seğmen Kardeşler Gıda Üretim ve Ambalaj Sanayi A.Ş. (SEGMN) and the buyer groups for the transfer of shares representing 74.85% of the company’s capital.