Rönesans Holding Signed a Share Purchase Agreement to Acquire Rabobank A.Ş.
Rönesans Holding signed a share purchase agreement for the acquisition of all of Rabobank A.Ş.'s shares from Rabobank International Holding B.V. According to the agreement between Rönesans Holding and Rabobank International Holding B.V., all shares of Rabobank A.Ş., which has been operating in Türkiye since 2014 and serving large-scale corporate clients, will be transferred to Rönesans Holding upon finalization of regulatory approvals.
Rönesans Holding, which operates in five main sectors: construction, energy, healthcare, real estate, and industrial investments, will add the financial sector to its areas of operation with this acquisition. Rönesans Holding, distinguished by its ability to establish foreign partnerships and generate international financing, had completed the initial public offering of Rönesans Gayrimenkul Yatırım in April 2024.
The transaction, for which GKC Partners acted as the legal advisor to Rönesans Holding, will be completed upon the regulatory approvals.
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Rönesans Holding a signé un accord d'achat d'actions pour acquérir Rabobank A.Ş.For Spanish, please click:
Rönesans Holding firmó un acuerdo de compra de acciones para adquirir Rabobank A.Ş.
About Rönesans Group
Rönesans Holding, the conglomerate's top investment entity headquartered in Ankara, is the 38th largest international contracting company globally and the 9th largest in Europe. With operations spanning 30 countries across Europe, Central Asia, and Africa, including subsidiaries such as Ballast Nedam in the Netherlands and Heitkamp Industrial Solutions GmbH in Germany, Rönesans has been operating as the main contractor and investor successfully for 30 years in construction, energy, healthcare, real estate development and industrial investments. Putting resilience and growth through innovation at the core of the company, with a priority on sustainability and social development, Rönesans has developed projects supporting students with scholarships, academic platforms and initiatives; been a signatory of the UN Global Compact since 2015; and a signatory of the UN Women’s Empowerment Principles since 2016.
Under the leadership of its president, Erman Ilıcak, Rönesans, along with its partners GIC, Meridiam Infrastructure, Sojitz, Samsung C&T, TotalEnergies, and IFC of the World Bank Group (minority shareholder in the group), has invested more than EUR8 billion into pioneering projects globally.
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