Sale of Shares at Tekfen: Transfer of Founder Families

Two of the three founders’ families at Tekfen Holding have made a sale of shares. The transfer of shares from the Gökyiğit and Akçağlılar families has been completed. Two out of the three founding families of Tekfen Holding have executed a sale of shares. With an annual revenue of 58 billion lira, the company was established by Feyyaz Berker, Nihat Gökyiğit, and Necati Akçağlılar. The Akçağlılar and Gökyiğit families have sold their shares and exited the company. In an announcement to the Public Disclosure Platform (KAP) on March 11th, it was stated that Cansevil Akçağlılar, wife of founding partner Necati Akçağlılar, had sold her shares equivalent to 6.5% stake to Can Holding. Can Holding recently acquired Ciner Yayın Holding, owner of media outlets such as Habertürk and BloombergHT. With this acquisition, Can Holding’s direct and indirect share in Tekfen has risen to 15.5%. Additionally, it was revealed in a statement yesterday from ARY Holding that the Gökyiğit family had sold their shares. It was reported that Ali Nihat Gökyiğit Yatırım Holding A.Ş. acquired 100% of the shares. The direct and indirect share of the Holding in Tekfen has increased to 19.86%. Meanwhile, the heirs of Tekfen Holding’s founder Feyyaz Berker own a 25% stake.