January 2025 – Kinstellar and KST Law are proud to have successfully advised Quexco Incorporated, a US-based private holding company, on completing the acquisition of 100% of Mutlu Akü, a leading auto battery manufacturer in Türkiye with a waste battery recycling facility.
This complex cross-border transaction involved financial structuring, including refinancing Mutlu Akü's debt and securing a capex loan facility, syndicated by Garanti Bank.
The closing process was led by Partners Emre Özer and Mert Elçin, supported by Senior Associate Şeyma Olğun, and Associates Sıla Şaylı, Helin Akbulut and Nihal Dilan Cantürk.
Kinstellar operates in Turkey in cooperation with KST Law, a full-service corporate law firm based in Istanbul.