Egeli & Co. Agriculture Investment Trust Buys 90.05 Percent of Doğa Tarım (CEE and CIS)
Source: Egeli & Co.
Egeli & Co. Asset Management, an independent Turkish asset management company, has announced that it purchased a 90.05 percent stake in the Turkish dairy farm Doğa Tarım Hayvancılık. The investment was made out of the Egeli & Co. Agriculture Investment Trust, a closed-end fund focused on investments in the agricultural sector. Egeli & Co. will acquire 1,801 shares for TRY3.2 million (approximately US$1.8 million).