GBCORP · BUY-SELL BUSINESS · TURKEY
Buy or Sell a Business in Turkey
GBCORP sells and buys companies across Turkey (Türkiye) in transactions up to USD 20 million, from family businesses in Istanbul to manufacturers in Bursa and exporters in Izmir. We run each deal from valuation to the trade registry, in Turkish or English, with our local partner network of lawyers, financial advisers and notaries.
Why Turkey
Turkey is one of the largest economies in its region, with more than 85 million people and a manufacturing base that supplies Europe. A customs union with the EU covers industrial goods, and Istanbul is a short flight from Europe, the Gulf, North Africa and Central Asia.
That reach makes Turkish companies attractive to buyers who want production, a regional sales base or a foothold in Istanbul’s consumer market, and it gives Turkish owners a wider pool of buyers than the domestic market alone.
Before you go to market, our guide to the signs that a business is ready for sale is a good first check.
Selling your Turkish company
For family owners and founders who want the right buyer, a defensible price and a calm handover.
Valuation that holds
Earnings normalised and priced with the lira in mind, so both sides agree a value that holds to closing.
Family succession
A handover plan for family businesses: timing, roles after the sale, and how staff and customers are told.
Domestic and foreign buyers
Turkish groups, Gulf and European investors and strategic buyers, screened before they see your name.
Confidential process
An anonymous profile first; full figures only under a signed NDA.
Buying a business in Turkey
For investors and companies looking for production, a regional base or a presence in Istanbul.
Deal sourcing
Companies in Istanbul, Ankara, Izmir, Bursa, Antalya and the regions, including off-market opportunities.
Due diligence
Financial, tax, social security, employment and licence checks, coordinated with Turkish lawyers and accountants.
Currency and structure
Price mechanisms, escrow and payment timing that protect both sides against lira movements.
Market entry by acquisition
Buy an operating Turkish company instead of starting from scratch, with staff, customers and permits in place.
How a Turkish deal runs with GBCORP
Six stages, one point of contact. Most sales complete in six to twelve months.
01 · Valuation and preparation
We review the accounts, normalise earnings and prepare the sale documents in Turkish and English.
02 · Confidential approach
An anonymous teaser, then a full information memorandum for screened buyers under NDA.
03 · Offers and letter of intent
We compare price, currency, structure and certainty, then agree heads of terms.
04 · Due diligence
The buyer’s advisers review finance, tax, social security, contracts and licences.
05 · Signing and approvals
The transfer agreement is signed with notarised signatures, and competition clearance is obtained where it is needed.
06 · Registration and handover
The transfer is registered with the trade registry and announced in the Trade Registry Gazette, and staff and customers are introduced.
Turkish rules that shape the deal
The points that decide structure, timing and cost in a Turkish transaction.
- Limited company shares. A share transfer in a limited company (Ltd. Şti.) needs a written agreement with notarised signatures and the general assembly’s approval, unless the articles say otherwise, and is then registered with the trade registry.
- Joint-stock company shares. Shares in a joint-stock company (A.Ş.) transfer by assignment or endorsement and are recorded in the share ledger.
- Competition clearance. Larger deals need approval from the Turkish Competition Authority when turnover thresholds are met, and cannot close before it.
- Foreign buyers. Foreign investors receive the same treatment as Turkish investors and can own 100% of most companies; a few sectors, and property in military and security zones, carry limits.
- Staff in asset deals. When a workplace is transferred, employment contracts pass to the buyer, and seller and buyer share liability for earlier employee debts for two years.
Local partners, one point of contact
GBCORP runs each Turkish deal end to end with our local partner network: lawyers, certified financial advisers and notaries. We work with owners and buyers in Istanbul, Ankara, Izmir, Bursa, Antalya, Kocaeli and across Anatolia.
We speak your language. Our advisors work in Turkish and English. We handle transactions up to USD 20 million; fees are agreed per mandate and quoted on request.
Questions about buying and selling in Turkey
The questions we hear first, answered plainly.
How long does it take to sell a business in Turkey?
Most company sales take six to twelve months from valuation to registration. Finding the right buyer and due diligence take most of that time, and deals that need Competition Authority clearance allow extra weeks for it.
Can a foreigner buy a business in Turkey?
Yes. Foreign investors are treated the same as Turkish investors and can own 100% of most companies. A few sectors, such as broadcasting and civil aviation, limit foreign ownership, and property in military and security zones needs extra permission.
How are shares in a Turkish limited company transferred?
Seller and buyer sign a written transfer agreement with notarised signatures, the general assembly approves the transfer unless the articles say otherwise, and the change is registered with the trade registry and announced in the Trade Registry Gazette.
Is buying a business in Istanbul different from the rest of Turkey?
The law is the same everywhere, but Istanbul has the deepest pool of buyers and sellers, and valuations and competition for good companies tend to be higher there. We cover Istanbul alongside Ankara, Izmir, Bursa, Antalya and the regions.
What size of business does GBCORP handle in Turkey, and what does it cost?
We advise on transactions up to USD 20 million, from family businesses to established manufacturers and exporters. Fees are agreed per mandate and quoted on request after a confidential first conversation.
Guides to buying or selling a business in Turkey
The essentials every buyer and seller should read before a first conversation.
Nearby markets and deal flow
Cross-border buyers often compare neighbouring markets. Each one has its own local advisory page.
Talk to our team
Considering buying or selling a business in Turkey? Reach out for a confidential first conversation.