Ak-Kim Kimya continues to grow with the acquisition of Gizem Frit



Operating as a subsidiary of Akkök Holding, Ak-Kim Kimya acquired Gizem Frit, one of the world’s leading enamel and ceramic frit producers, in order to extend the spectrum of its production and services.

At the press conference held to announce the acquisition, Mr. Onur Kipri, Ak-Kim CEO, stated that Ak-Kim plans to enter new areas of operation with the aim of maintaining its leading position and achieving progress. Mr. Kipri said: In order to effectively support our company’s leading role in the chemicals industry, we decided to focus on the frit industry that attracted our attention with the size of its market. Within the framework of our vision, we acquired Gizem Frit, which is currently the third largest enamel frit producer in the world, with an expected annual growth of 4% until 2018. We believe that this acquisition will bring greater success to our country and contribute to achieving our goals.

In addition to Mr. Kipri’s statements, Mr. Tolga Ballık, Gizem Frit CEO, said: “We decided that, in order to continue our success, it is better to make the much needed new investments within a corporate structure with a robust capital. With this acquisition, we will grow even stronger under the roof of Ak-Kim, extend our customer portfolio and focus more on R&D.

With this acquisition, Ak-Kim plans to improve its leading position in the market by producing enamel and ceramic frit that are used in the coating process of many daily products, such as white goods, kitchenware, ceramics, aluminum, and glass bottles.

As one of the world’s leading enamel and ceramic frit manufacturers, Gizem Frit operates with approximately 300 employees in its Hendek facility built on a 60 thousand m² area with 30 thousand m² indoor space. Gizem Frit offers services to leading brands of the world, including Bosch-Siemens, Electrolux, Ariston, Arçelik, Vestel, Beko, Whirlpool, and Indesit.

Ak-Kim'de SürdürülebilirlikSustainability at Ak-Kim
 

Ak-Kim Kimya aims to achieve economic growth and improved well-being by protecting the environment and the quality of life of all people around the world. Within this framework, the Company attaches great importance to sustainable development. Therefore, since the day of its establishment, Ak-Kim develops innovative products to offer human and environment-friendly solutions.

 Ak-Kim Corporate Video

Ak-Kim acquires European company

Ak-Kim has acquired Dinox, a German company with an annual revenue of 20 million Euros. "We have finalized the acquisition of Dinox, the vendor of Ak-Kim products in all of Europe. By doing so, we are aiming to be closer to the European market and to our customers," said Onur Kipri, General Manager of Ak-Kim, during a statement he made about the acquisition of Dinox.

Ak-Kim Kimya continues to grow with the acquisition of Gizem Frit

Operating as a subsidiary of Akkök Holding, Ak-Kim Kimya acquired Gizem Frit, one of the world’s leading enamel and ceramic frit producers, in order to extend the spectrum of its production and services.