KDK Advised Arkel and Its Shareholders on the Sale to Innovalift AB
January 2025
Our member firms Kolcuoglu Demirkan Kocakli advised Arkel, a leading manufacturer of elevator control systems and components, and its shareholders, including Mediterra Capital, one of Turkey’s prominent private equity firms, on the successful sale of Arkel to Innovalift AB, a wholly owned subsidiary of Investment AB Latour.
Overview of the Turkish Competition Authority’s Merger Control Enforcement in 2024
January 2025
The Competition Law team of our Turkish member firm, Kolcuoğlu Demirkan Koçaklı, has recently issued a Law Bulletin: “Overview of the Turkish Competition Authority’s Merger Control Enforcement in 2024”.
To access the document, please use the following link.
KDK Advised Volt Motor in the Sale to WEG
December 2024
Our member firm, Kolcuoglu Demirkan Kocakli, has recently advised Volt Motor, a Saya Group company, and its individual shareholders, on the sale of Volt Motor to WEG, one of the largest manufacturers of electric motors globally.
The TCA published the Guidelines on Competition Infringements in Labor Markets
December 2024
The Competition Law team of our Turkish member firm, Kolcuoğlu Demirkan Koçaklı, has recently issued a Law Bulletin: "The TCA published the Guidelines on Competition Infringements in Labor Markets".
To access the document, please use the following link.
Turkish Merger Control Rules on Notification of Extraterritorial Joint Ventures
November 2024
Our Turkish member firm, Kolcuoğlu Demirkan Koçaklı, has recently issued a Law Bulletin on "Turkish Merger Control Rules on Notification of Extraterritorial Joint Ventures".
To access the document, please use the following link.
Courts’ Requirement for Finalisation Certificate in the Enforcement of Foreign Arbitral Awards in Turkey
November 2024
Our Turkish member firm, Kolcuoğlu Demirkan Koçaklı, has recently issued a Law Bulletin on "Courts’ Requirement for Finalisation Certificate in the Enforcement of Foreign Arbitral Awards".
To access the document, please use the following link.
KDK Law Firm Advised Turkven on Its Acquisition of Karbonsan
November 2024
Our member firm Kolcuoglu Demirkan Kocakli has advised Turkven on its acquisition of Karbonsan, one of the top 10 cryogenic tank manufacturers in the EMEA region.
KDK Law Firm Advised Vitol and Its Turkish Subsidiary Petrol Ofisi
November 2024
Our member firm, Kolcuoglu Demirkan Kocakli, advised one of the world’s largest energy companies, Vitol, and its Turkish subsidiary Petrol Ofisi on the acquisition of bp’s Turkish downstream fuel operations.
New Regulations Impacting the Crypto Asset Sector
October 2024
Irem Cansu Demircioglu, Senior Associate, and Yagmur Gundogdu, Trainee Associate
Kolcuoglu Demirkan Kocali Attorney at Law
Law No 7518 on Amendment of Capital Markets Law (the “Law”) has been published on 2 July 2024, and has entered into force on the same date. Upon its enactment, the Law established the procedures and principles applicable to entities in the crypto-asset sector and the services provided by such entities. In this respect, the new regulations introduced by the Law and the principles published by the Capital Markets Board (CMB) following the entry into force…
Turkish Merger Control Regime in Technology Markets: Defining the Limits
September 2024
Neyzar Unubol, Competition Law Counsel, and Esen Cakir, Associate
Kolcuoglu Demirkan Kocakli Attorneys at Law
Recently, several competition authorities worldwide have increased merger control scrutiny in technology markets. The European Commission encourages national competition authorities to refer to transactions falling below the European Union and national turnover thresholds. The Digital Markets Act, which entered into force in November 2022, obliges large digital platforms (i.e., gatekeepers) to notify the European Commission of mergers or acquisitions regardless of turnover…
Significant Amendments to the Organised Industrial Zones Regulation
September 2024
Our Turkish member firm, Kolcuoğlu Demirkan Koçaklı, has recently issued a client alert titled "Significant Amendments to the Organised Industrial Zones Regulation".
To access the document, please use the following link.
Amendments to the Personal Data Protection Law
July 2024
Marat Minasyan, Partner, and Bahar Esenturk, Associate
Kolcuoglu Demirkan Kocakli Attorneys at Law
The Turkish Personal Data Protection Law ("PDPL") was amended by the Amendment Law on the Code of Criminal Procedure and Certain Laws ("Amendment Law"), published in March 2024. The Amendment Law changes the rules regarding cross-border data transfers, the processing of sensitive personal data, and the appeal process against the decisions of the Personal Data Protection Board ("Board"). It came into effect on June 1, 2024. However, the existing provisions concerning cross-border data…
