Hitachi Acquires Stake of BCS Technology
A team of lawyers from Esin Attorney Partnership, a member firm of Baker & McKenzie International, a Swiss Verein advised Hitachi Kokusai Turkey on its acquisition of a stake in the share capital of BCS Teknoloji Yayıncılık Haberleşme Sanayi ve Ticaret A.Ş.
Partner Duygu Turgut remarked, “This deal is a good indication for the ongoing appetite of the giant Japanese companies in the Turkish market as also evidenced by the recent successful investments by Sony, Mitsui, Mitsubishi and GS Yuasa. We have experienced a stream of mandates from Japanese companies and we expect more to follow.”
Hitachi Kokusai established Hitachi Kokusai Turkey in Istanbul, Turkey in 2013. From the time of its establishment, Hitachi Kokusai Turkey has been working with its local partner, BCS, on creating a sales, maintenance, and service platform to strengthen the broadcasting equipment/systems business in Turkey and the Middle East. The recent decision to make BCS a consolidated subsidiary of Hitachi Kokusai Turkey, intends to promote further business expansion by streamlining their business strategy to speed up management decisions, and demonstrate business synergy.
The deal was led by partner Duygu Turgut and senior associate Sertaç Kökenek and supported by visiting senior associate Seiji Tomimoto and associates Orcun Solak, Güven Maviş, Gokce Serez, Pınar Erdem and Gokhan Akcaalan.