How do you value a Turkish company?

In euros or US dollars, on figures restated from the Turkish statutory accounts, with the exchange-rate basis stated. We separate real growth from price effects before we talk about multiples.

What approvals are needed?

Transactions that change control and exceed the turnover thresholds need clearance from the Turkish Competition Board, and sectors such as banking, energy, media and defence have their own regulators. We build the timetable around them with your counsel.

How does a conversation with a family owner go?

The first conversation is with the family, in Turkish, and usually about more than price: the name, the employees, the role of the next generation. The buyer who addresses these early stays at the table.

Can you work alongside our own advisers?

Yes. We work with your advisers in the region and, when a transaction needs reach beyond Turkey, with Globalscope Partners member firms in 51 countries.

Turkey, seen from Belgium

Turkey, seen from Belgium.

Belgian groups have bought into Turkish cement, engineering consultancy, pet food, e-commerce software, pollination and biocontrol, tractor parts and personal care ingredients. Orion works for Belgian buyers in Turkey: we find the companies that fit, open the conversation with their owners in Turkish, and work alongside the Globalscope member firm in Belgium.

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Every point is a transaction with a Turkish target since January 2025. The lit ones had a buyer from Belgium. Counted by the buyer’s own country.

Already in Turkey

Belgian buyers in Turkey, 2023 to 2026.

Target	Buyer	Sector	Value	Date
Traçim Çimento, 100%	Titan Belgium	Cement	About USD 190m	Completed Mar 2026
Tractebel Hidro Dizayn, 49% (to 100%)	Tractebel (ENGIE) Belgium	Engineering consultancy	Not published	Completed Apr 2026
Dry pet food plant in Kırklareli (asset, with Lider Petfood)	United Petfood Belgium	Pet food	Not published	Mar 2026
Ticimax, majority	team.blue Belgium	E-commerce software	Not published	Jun 2025
Biobest Antalya, 40% (to 100%)	Biobest Belgium	Pollination and biocontrol	Not published	Jan 2024
Sincanlı Traktör	TVH Belgium	Tractor parts distribution	Not published	Jul 2024
Oktrade Kimya, 100%	Azelis Belgium	Personal care ingredients	Not published	Signed Dec 2023
Lider Pet Food, minority	United Petfood Belgium	Pet food	Not published	Announced Feb 2023

Values as published; sources are linked.

Globalscope Partners in Belgium

Your adviser at home, and ours in Turkey.

Orion is the Turkish member of Globalscope Partners, with member firms in 51 countries. If you work with a Globalscope member firm in Belgium, that firm and Orion run a Turkish transaction as one team: your adviser at home, Orion in Turkey.

Transactions advised by Globalscope member firms in Belgium

Transactions advised by Globalscope member firms; each card links to the deal’s page on globalscopepartners.com.

From the map to the table in four steps.

01
The market
Who has bought in your sector, from where, at what value and on what terms: we start from the transactions already done in Turkey.
02
The long list
Companies screened for size, ownership and fit with your strategy, each with a short profile and the reason it fits.
03
The approach
We reach owners in Turkish, through people who know them. With a family owner the first conversation is usually about more than price.
04
The transaction
Valuation, non-binding offer, due diligence, agreement and completion, with lawyers and auditors coordinated and regulatory filings planned with your counsel.

What buyers ask us

Before you look at a Turkish company.

01
How do you value a Turkish company?
In euros or US dollars, on figures restated from the Turkish statutory accounts, with the exchange-rate basis stated. We separate real growth from price effects before we talk about multiples.
02
What approvals are needed?
Transactions that change control and exceed the turnover thresholds need clearance from the Turkish Competition Board, and sectors such as banking, energy, media and defence have their own regulators. We build the timetable around them with your counsel.
03
How does a conversation with a family owner go?
The first conversation is with the family, in Turkish, and usually about more than price: the name, the employees, the role of the next generation. The buyer who addresses these early stays at the table.
04
Can you work alongside our own advisers?
Yes. We work with your advisers in the region and, when a transaction needs reach beyond Turkey, with Globalscope Partners member firms in 51 countries.

Start with a conversation.

A first conversation is confidential and carries no obligation.