Biesse spa has signed an agreement to buy the 80% of the Nury Baylar A.S. company (Istanbul-Turkey) for a total consideration of Euro 967,000. The deal will be operative within October 1, 2015 days with the execution of the shares transfer.
ByLesprom Network
Sep 23, 2015. /Lesprom Network/. Biesse spa has signed an agreement to buy the 80% of the Nury Baylar A.S. company (Istanbul-Turkey) for a total consideration of Euro 967,000. The deal will be operative within October 1, 2015 days with the execution of the shares transfer, as the company says in the press release received by Lesprom Network.
The Nury Baylar A.S. company is active since 1971 in the woodworking machinery equipment trading sector with an operative headquarters located in Istanbul, Turkey, and has 30 employees.
The Biesse Group operates in the market for machinery and systems for working wood, glass, marble, stone, plastic and metal and is a world leader in technology for this sector. The company designs, manufactures and distributes machinery, integrated systems and software for the furniture industry, infrastructure (doors and windows) and components for the construction, naval and aerospace industries.
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