TVH Global has acquired Sincanlı Oto ve Traktör, a leading Turkish supplier of spare parts for tractors and agricultural machinery, to enhance its market presence and product offerings in the region.
Target Information
Sincanlı Oto ve Traktör, a leading supplier of spare parts for tractors and agricultural machinery, has been acquired by TVH Global, a prominent worldwide supplier in the fields of agricultural machinery, construction equipment, and material handling. This acquisition represents a strategic move for TVH Global to expand its market presence in Turkey and enhance its product offerings.
Sincanlı Oto ve Traktör is well-regarded for its extensive inventory and supply capabilities, providing essential components to operators in various sectors, thus reaffirming its critical role in the agricultural and machinery ecosystem.
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Industry Overview in Turkey
The spare parts industry in Turkey is characterized by a robust demand driven by the agricultural and construction sectors. As Turkey continues to invest in its agricu
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Disclosed details
Transaction Size: $153M