Arkel Sells to Innovalift Under KDK's Guidance
Deal News | Feb 04, 2025 | CEE Legal Matters
Kolcuoglu Demirkan Kocakli (KDK) has provided legal advice to Arkel and its shareholders, including Mediterra Capital, on the sale of Arkel to Innovalift. Arkel, a manufacturer specialized in elevator control systems, has been sold to Innovalift, a subsidiary of Investment AB Latour. Notably, in 2017, KDK played a role in Mediterra and the EBRD acquiring a majority stake in Arkel, reflecting an ongoing relationship. Despite outreach for more detailed commentary, KDK did not respond to inquiries.
Sectors
- Private Equity
- Manufacturing
- Legal Advisory
Geography
- Turkey – Mediterra Capital is a Turkish private equity firm, highlighting Turkey's involvement in the transaction.
- Sweden – Investment AB Latour, owner of Innovalift, is based in Sweden, indicating Swedish involvement.
Industry
- Private Equity – The article discusses Mediterra Capital, a Turkish private equity firm, indicating a focus on investments in companies.
- Manufacturing – Arkel is described as a manufacturer of elevator control systems and components, which places it within the manufacturing industry.
- Legal Advisory – Kolcuoglu Demirkan Kocakli provides legal advisories, indicating the role of legal industry in the transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Arkel | Target Company | Company | A manufacturer of elevator control systems and components. |
| Mediterra Capital | Selling Company (Vendor) | Company | A Turkish private equity firm involved in selling Arkel. |
| Innovalift | Bidding Company (Buyer) | Company | A wholly-owned subsidiary of Investment AB Latour, acquiring Arkel. |
| Kolcuoglu Demirkan Kocakli | Legal Advisor | Company | Provided legal advice for the acquisition process. |