July 3, 2026<\/p>\n
Press Release<\/p>\n
Altun G\u0131da Strengthens Integrated Food Vision with Se\u011fmen Karde\u015fler G\u0131da Investment<\/p>\n
The first phase of Altun G\u0131da’s investment in Se\u011fmen Karde\u015fler G\u0131da \u00dcretim ve Ambalaj Sanayi A.\u015e., undertaken jointly with GMS Yat\u0131r\u0131m Holding and \u00dcmit G\u00fcm\u00fc\u015f, has been completed with the approval of the Competition Authority. The Authority approved the transfer of 74.85% of the company’s shares.<\/p>\n
Following the approval of the first phase of the share transfer, An\u0131l Altun, Deputy Chairman of the Board of Directors of Altun G\u0131da, who plays a decisive role in the management of Se\u011fmen Karde\u015fler G\u0131da, said, “This step will further advance our vision of becoming a globally integrated food company.”<\/p>\n
The decision was made to finalize the process of transferring 74.85% of the shares of Se\u011fmen Karde\u015fler G\u0131da \u00dcretim ve Ambalaj Sanayi A.\u015e., founded in 1938, to Altun G\u0131da, GMS Yat\u0131r\u0131m Holding, and \u00dcmit G\u00fcm\u00fc\u015f in two phases after obtaining the necessary approval from the Competition Authority.<\/p>\n
In the first phase of the investment, effective from June 30, 2026, Altun G\u0131da A.\u015e. acquired 30,000,000 TL nominal Class A shares and 14,750,000 TL nominal Class B shares; and GMS Yat\u0131r\u0131m Holding A.\u015e. acquired 5,000,000 TL nominal Class A shares and 39,750,000 TL nominal Class B shares. As part of this transaction, Altun G\u0131da and GMS Yat\u0131r\u0131m Holding gained control of Se\u011fmen Karde\u015fler G\u0131da \u00dcretim ve Ambalaj Sanayi A.\u015e. by acquiring 71.056% of the voting rights. In the second phase, GMS Yat\u0131r\u0131m Holding A.\u015e. will acquire 1,000,000 TL nominal Class A shares and 16,632,610 TL nominal Class B shares, while \u00dcmit G\u00fcm\u00fc\u015f will acquire 26,850,000 TL nominal Class B shares.<\/p>\n
This acquisition is considered a significant strategic step taken by Altun G\u0131da in line with its long-term growth strategy, sustainable value creation approach, and vision of becoming a globally integrated food company.<\/p>\n
Strategic Expansion in Branded Food<\/p>\n
In line with its “From Nature to Life, Through Agriculture” approach, Altun G\u0131da, which continues its growth with a focus on quality, trust, sustainability, and technology, aims to diversify its fresh fruit and vegetable-focused business into packaged food categories with this investment. Thus, the company aims to extend its strong export position to the domestic market with branded products and expand its operations in this area as well. At the same time, it is planned to more effectively expand Se\u011fmen Karde\u015fler G\u0131da’s brand portfolio to international markets and position it in new geographies. In the long term, the goal is to increase the visibility, reach, and competitiveness of Turkish food brands in global markets.<\/p>\n
\u201cA Step Towards a Globally Integrated Food Company\u201d<\/p>\n
Following the approval of the Competition Board, An\u0131l Altun, Deputy Chairman of the Board of Directors of Altun G\u0131da, stated: \u201cThis acquisition constitutes a significant milestone in our long-term strategic growth plan. Beyond its strong position in the jam category, Se\u011fmen Karde\u015fler G\u0131da possesses a significant portfolio diversification with a wide range of products including healthy snacks, spices, frozen fruits, and dragees, all of which have high growth potential. This investment is not limited to a specific product category; it is a strategic part of our vision to build an integrated, high value-added, and multi-category food ecosystem on a global scale. Under this agreement, we will manage Se\u011fmen Karde\u015fler G\u0131da’s operations under the leadership of Altun G\u0131da. We believe that the combination of Se\u011fmen Karde\u015fler G\u0131da’s brand strength and Altun G\u0131da’s international supply and export infrastructure will offer significant opportunities for scalable growth in different markets and the creation of a wider distribution network.\u201d<\/p>\n
A Strong Structure Under One Roof<\/p>\n
Stating that the integration process will be managed in a way that combines the strengths of the two companies under a single structure, An\u0131l Altun continued: \u201cOne of our primary focus areas is integrating Altun G\u0131da\u2019s export network, integrated supply chain infrastructure, and technology-oriented production capabilities into Se\u011fmen Karde\u015fler G\u0131da\u2019s operations. In this way, we aim to increase operational efficiency and further strengthen market access while preserving Se\u011fmen Karde\u015fler G\u0131da\u2019s existing brand strength. We will continue to share developments regarding the process with the public within the framework of relevant legislation.\u201d<\/p>\n
An Investment Combining Production Power with Brand Value<\/p>\n
Founded in Hatay in 1981, Altun G\u0131da operates with an end-to-end integrated business model in the fields of fresh fruit and vegetable production, export, and logistics. With a total production area of \u200b\u200b3.3 million m\u00b2, including citrus orchards and geothermal greenhouse investments, and a strong supply infrastructure, the company is strengthening its operational competence day by day. Today, Altun G\u0131da exports to over 50 countries across 5 continents, primarily in the European Union, but also encompassing North America, the Middle East, the Far East, and Africa, reinforcing its strong position in global markets with a vision of sustainable growth. Se\u011fmen G\u0131da, with its 88-year history, offers a wide range of products in various food categories, including jam, spices, frozen fruit, dragees, and dried fruit.<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":2175,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[],"class_list":["post-2289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/altungida.com\/en\/wp-json\/wp\/v2\/posts\/2289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/altungida.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/altungida.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/altungida.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/altungida.com\/en\/wp-json\/wp\/v2\/comments?post=2289"}],"version-history":[{"count":0,"href":"https:\/\/altungida.com\/en\/wp-json\/wp\/v2\/posts\/2289\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/altungida.com\/en\/wp-json\/wp\/v2\/media\/2175"}],"wp:attachment":[{"href":"https:\/\/altungida.com\/en\/wp-json\/wp\/v2\/media?parent=2289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/altungida.com\/en\/wp-json\/wp\/v2\/categories?post=2289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/altungida.com\/en\/wp-json\/wp\/v2\/tags?post=2289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}