The Abraaj Group to Acquire 80 Percent of Turkey-based Dairy Company Yörsan (CEE and CIS)

Source: Hürriyet  |  Author(s): Eren Güler

Global growth markets investor The Abraaj Group will acquire an 80 percent stake in Turkey-based dairy products manufacturer Yörsan. A player in the domestic cheese and yogurt market, Yörsan products are exported to 17 countries including the U.S. and Japan. Financial details of the transaction, which is subject to approval by the Turkish Competition Authority, were not disclosed.