Arsem Madencilik has acquired Kars Cement, a cement producer in northern Türkiye, from Çimentaş of Cementir Group

ÜNLÜ & Co acted as the buy-side advisor to Arsem Madencilik A.Ş.

Company
Kars Cement
Transaction
Sector
Activity
Production of cement and clinker
Date
Country
Türkiye

Arsem Madencilik has acquired Kars Cement from Çimentaş, a subsidiary of the Cementir Group, for EUR 51 mn, aiming to step into regional cement operations and strengthen its footprint in the Turkish construction market.