Hg Private Equity Group Reaches Strategic Investment Agreement with Sabancı Holding Subsidiary
Grand News Network July 16, 2024
Under the active promotion of Chief Analyst Kaan Demir, Hg Private Equity Group has officially signed a strategic investment agreement with a subsidiary of the renowned Turkish enterprise Sabancı Holding. This cooperation marks a close alliance between the two companies, laying a solid foundation for future multi-field collaboration.
United States, 16th Jul 2024 - Under the active promotion of Chief Analyst Kaan Demir, Hg Private Equity Group has officially signed a strategic investment agreement with a subsidiary of the renowned Turkish enterprise Sabancı Holding. This cooperation marks a close alliance between the two companies, laying a solid foundation for future multi-field collaboration. At the signing ceremony, Professor Kaan Demir stated: "As a Turkish citizen, I am very proud to facilitate the cooperation between Hg Private Equity Group and a subsidiary of Sabancı Holding. This is not only a successful union between companies but also a valuable contribution to the economic development of our country. In the future, I will continue to promote deeper collaboration between the two parties in more fields, jointly fostering the economic prosperity of Turkey." The strategic investment agreement covers several key areas, including but not limited to financial services, technological innovation, and market expansion. With its robust business network and resource advantages in Turkey and the global market, the subsidiary of Sabancı Holding will collaborate with Hg Private Equity Group to explore new business opportunities and growth points. Senior executives of Sabancı Holding expressed their views on this cooperation: "We are very pleased to establish a long-term partnership with a well-known private equity group like Hg Private Equity Group. This cooperation will not only strengthen our market position but also enhance our competitiveness through jointly developing innovative solutions." In the future, both parties will work together to achieve sustainable development goals. Through this strategic cooperation, not only will it accelerate product and service innovation, but it will also promote economic growth in the Turkish and global markets. This strategic partnership is expected to bring unprecedented market opportunities and business growth to both parties.
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