Raiffeisen Investment Turkey closes deal

The 100% subsidiary of Raiffeisen Centrobank along with their colleagues from the M&A department of RCB acted successfully as exclusive financial advisor to Global Investment Holdings

Global Investment Holdings, a diversified investment group focused on transportation and energy business in Turkey, (“GIH” or “the Group”) on July 10, 2012 announced that it has transferred all of its shares held in Enerji Investment Holding A.S. (“EIH”), corresponding to 50% of the share capital of EIH, to STFA, a diversified industrial group focused on construction and energy business in Turkey.

STFA owns the remaining 50% of EIH. EIH owns 100% of Energaz which in turn owns the shares in regional natural gas distribution and wholesale subsidiaries. The total sales value for 50% of EIH shares is USD 75,000,000, of which USD 51,500,000 is collected on sale and the remaining amount will be collected in installments. 50% of the shares of Naturelgaz, the company engaged in distribution of compressed natural gas, previously owned by EIH is not included in the sale transaction.

Raiffeisen Investment Turkey, a 100% subsidiary of Raiffeisen Centrobank, along with M&A experts at RCB’s headquarters, were the exclusive financial advisor to Global Investment Holdings on the transaction.


Andrea Pelinka-Kinz
E: pelinka-kinz(at)rcb.at
T: +431 51520 614