Turkey

Tesco Agrees to Sell Turkish Unit, Giraffe Restaurant Chain

Tesco Plc agreed to sell its Turkish grocery business Kipa and restaurant chain Giraffe in two separate transactions as the U.K.’s largest grocer see...

Tesco Reportedly To Offload Kipa Arm To Migros Ticaret

Tesco is reportedly set to sell its Turkish unit, Tesco Kipa, to rival Migros Ticaret. Sky News has reported that the UK retailer is planning to offload...

Mondi Purchases Turkish Ice Cream Package Maker For $101 Million

Mondi Ltd. agreed to buy 90 percent of Turkey’s Kalenobel for about 90 million euros ($101 million) as the South African manufacturer expands its int...

Procavi Increases Sales By 16% In 2015

Spanish agrifood business Procavi, part of Grupo Fuertes, reported a 16 per cent growth in sales in 2015, reaching €253 million....

Turkey Burgers Go Antibiotic-Free As Butterball Jumps On Trend

Health-conscious grillers will be pleased to see there’s one step missing from their turkey burgers this summer: antibiotics. Butterball LLC, the...

Carrefoursa Owners Said To Hire Bank Of America For Share Sale

The owners of Turkish supermarket chain Carrefoursa have hired Bank of America Corp. to sell shares in the joint venture to boost the stock’s trading...

Turkish Discounter BİM Records Growth Of 21% For 2015

Turkish discount supermarket BİM has recorded growth of 21 per cent and turnover of TL17.4 billion (approximately €5.4 billion) for 2015. The retai...