“The ones who underestimate experience, pay a high price for inexperience.”
Announcement, July 2015

Globalturk Capital Facilitates the Sale of Otosima Plastik to French Groupe Plastivaloire

Turkey’s one of the leading complex plastics injection parts production and painting company Otosima Plastik, through Globalturk Capital, sold 100% of its shares to Groupe Plastivaloire.
Globalturk Capital assisted Otosima Plastik to sell its shares to Groupe Plastivaloire (“PVL”). Otosima Plastik, which was established in 2002 and Turkey’s one of the leading complex plastics injection parts production and painting company, sold its shares successfully to PVL through Globalturk Capital. PVL is one of the largest suppliers of plastics to the automotive industry in France, manufacturing parts used in vehicle interiors, front-end modules, under-bonnet parts, lighting, and signaling. PVL acquired 100% of Otosima in 8 July 2015, through its subsidiary Bourbon Automotive Parts GmbH.

PVL also manufactures complex plastic injection molded parts for the automotive, electronics, electrical, medical, household appliance, and recreational equipment sectors. In 2014, PVL reported consolidated sales of €420 million and EBITDA of €39 million. The company was founded in 1963 and is based in Langeais, France. PVL has 26 industrial sites in France, Germany, Poland, Spain, Romania, Tunisia, England, Portugal and Slovakia.
Otosima’s leading market position, rapid growth of the sector and the contributions of Globalturk Capital’s strategic and financial advisory services played a key role in PVL’s investment decision.
Globalturk Capital Is Successfully Assisting Turkish Companies to Raise Funds from and Sell Shares to Foreign Strategics and Private Equity Funds
Globalturk Capital has recently played a key role at the investment of NBK Capital (Private Equity Fund) in Sistem 9 Medya (Turkey’s leading digital signage company) in 2014 and raised growth capital for Tempo Call Center in 2013 through a similar process by facilitating an investment from Japanese conglomerate Mitsui. Globalturk Capital has worked in Turkey and abroad on numerous projects in institutionalization, business structuring, capital-raising for Turkish companies from private equity funds, mergers and share sales as well as foreign companies entering the Turkish market by setting up companies from scratch and Turkish companies going abroad. Globalturk Capital continues to provide similar services to many companies.

Baris Oney said “It is becoming clearer everyday for Turkey’s small to mid-size companies who lie outside the first 2000+ large companies, that it is essential to do all their homework without overlooking even one small detail under the close management and guidance of experienced experts like us as well as our most critical support in negotiations to attract investment from distinguished institutions. Otosima, like Sistem 9 Media and Tempo, has trusted Globalturk Capital and worked in close cooperation towards a successful closing with PVL.”

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