Bel Group has acquired a 51% stake in Karper, a leading Turkish cheese producer, marking a significant investment in the Turkish dairy market.

Information on the Target

Karper, a prominent producer of triangle-shaped spreadable cheese, is recognized as one of Turkey's leading dairy companies. Founded in Istanbul in 1964, the company boasts an impressive annual production capacity of 6,000 tons. With a workforce of approximately 160 employees, Karper has established a robust consumer presence, particularly in Istanbul and its surrounding regions. The company's manufacturing takes place in a modern facility that spans 11,000 square meters, situated on an expansive 80,000 square meter site in Çorlu.

Industry Overview in Turkey

The Turkish dairy industry has been experiencing significant growth, driven by increasing consumer demand for dairy products, including cheese. With a growing middle class and rising living standards, consumers are becoming more health-conscious and are seeking high-quality dairy options. This trend presents a substantial opportunity for producers and new entrants in the market.

Moreover, Turkey's unique culinary landscape, which incorporates a variety of cheese types, further fuels the demand for innovative dairy produ