November 2007

Sale of Kale Endüstri stake through a management buy in GTV
Hauck & Aufhäuser Investment Banking advised Kale Endüstri


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DescriptionSale of Kale Endüstri stake through a management buy in GTV
Sector(s) : Consumer goods / Industry and automotive
Date : November 2007
Advisor(s) : Hauck & Aufhäuser
Advised : Sell Side
Mid-Capital partner Hauck & Aufhäuser Investment Banking advised Kale Endüstri
Kale Endüstri Holding A.S. (Istanbul, Turkey) has sold through a Management Buy-Out its shares in GTV Schließ-Systeme GmbH (Velbert, Germany).
Kale Endüstri Holding has sold its stake in GTV to the management.
GTV is a producer of locks and security systems.
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