(BASEAK) has been named “Turkey M&A Legal Adviser of the Year” in the Mergermarket European Awards 2017. The award was presented on 7 December 2017 at a gala event at the Banqueting House in London.
The awards, organized by international M&A publication Mergermarket, recognize creative advisory work on complex transactions. The rigorous judging process includes an analysis of M&A league tables to identify the top law firms by overall transaction value and deal count, followed by scrutiny by a panel of expert judges.
Partners Galip M. Selçuk, Head of the Corporate and M&A practice in Turkey, and Müfit Arapoğlu, Head of the Capital Markets practice, accepted the award on behalf of BASEAK.
“We are truly honored by this award and are grateful to our clients for trusting us with their most important transactions,” said Galip M. Selçuk. “This recognition shows that we are moving up the value curve in our ability to advise on high-value M&A transactions.”
Barlas Balcıoğlu, Managing Partner, added, “With our deep knowledge of the Turkish market, BASEAK has emerged among Turkey’s top law firms on complex, cross-border deals.”
BASEAK’s major M&A deals this year include advising OMV on the €1.4 billion sale of its subsidiary OMV Petrol Ofisi to Vitol Group - the largest M&A transaction in Turkey so far in 2017. The team advised Yıldız Holding on the sale of its affiliate manufacturing culinary products Örgen Gıda and its Bizim Mutfak brands to the Japanese food and chemical corporation Ajinomoto. The Firm also assisted FMC Corporation in the acquisition of Dupont’s crop protection business assets in Turkey and in the sale of its Turkish health and nutrition subsidiary to DuPont.