NEWS Beverage        13/08/2020

Luxembourg Taxim Capital to acquire Turkish Doğanay Gıda

Luxembourg capital investment company Taxim Capital is preparing to fully acquire Doğanay Gıda, a turnip juice producer with a history going back to the 1960’s. The company started production in Adana’s Hacı Ömer Sabancı Organised Industrial Park in 1997, and currently has production facilities with a closed area of 80,000 square metres.

 

Doğanay controls over 90% of the Turkish turnip juice market as well as exporting to some 30 countries. The company also produces lemon, strawberry, pineapple, apple, pomegranate juices and vinegars.



Turkey’s net minimum wage has been raised 21.56% to TL 2,825.90 (USD 380) as of 01.01.2021       Migration communication helpline 157 available for foreigners in Turkey       Read our homepage articles on developments in the Turkish economy       Turkey’s annual inflation rate increases to 14.60% in December 2020       Turkey’s official unemployment rate remains at 12.7% in October 2020       Read our BUSINESS section for latest sectoral and corporate news       Turkey’s population is 83,154,997 as of 2019 yearend       Foreigners visiting Turkey in 2019 increase by 14.1% to a record 45.1 million       Turkey’s private sector foreign debt is USD 189.8 billion as of 2019 yearend       Turkey’s economy grew by 0.9% in 2019