Clifford Chance have advised BNP Paribas-TEB, ING and QNB on the financing of Çimsa, a Turkish-listed global building materials company – and a subsidiary of publicly listed global conglomerate Sabanci Holding, in connection with the acquisition of Ireland-based Mannok.
This deal expands Çimsa’s footprint in the UK and Ireland while also strengthening Çimsa’s position as a leading international player in the building materials sector. It also marks another successful collaboration where Clifford Chance successfully delivered cross-border execution and financing capability for a complex, large-scale and multi-jurisdictional transaction.
Clifford Chance deal team advising the finance parties was led by Partner Sait Eryılmaz, with support from Senior Associate Ali Can Altiparmak and Associate Aykan Karpuzcu.
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