Turkey, seen from Japan
Turkey, seen from Japan.
Japanese groups have bought into Turkish paints, ERP software, instant noodles, commercial kitchen equipment, seafood, construction machinery distribution and energy-trading software. Orion works for Japanese 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 Japan.
Request a confidential conversation →Every point is a transaction with a Turkish target since January 2025. The lit ones had a buyer from Japan. Counted by the buyer’s own country.
Already in Turkey
Japanese buyers in Turkey, 2023 to 2026.
| Target | Buyer | Sector | Value | Date |
|---|---|---|---|---|
| Polisan Kansai Boya, 50% (to 100%) | Kansai Paint Japan | Paints | USD 93m | Signed Jul 2026 |
| ETG Global, 100% | FUJIFILM Business Innovation Japan | ERP software services | Not published | Feb 2026 |
| Hendek noodle factory (asset, from Oba Makarnacılık) | Nissin Foods Japan | Instant noodles | Not published | Oct 2025 |
| Öztiryakiler, 51% | Hoshizaki Japan | Commercial kitchen equipment | Not published | Completed Mar 2024 |
| Kocaman Balıkçılık, majority | Kyokuyo Japan | Seafood processing | Not published | Jan 2024 |
| Temsa İş Makinaları, last 10% (to 100%) | Marubeni Japan | Construction machinery distribution | Not published | Completed Feb 2023 |
| SmartPulse, minority | Toshiba Energy Systems & Solutions Japan | Energy-trading software | About USD 1m | May 2023 |
Values as published; sources are linked.
Globalscope Partners in Japan
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 Japan, 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 Japan
Transactions advised by Globalscope member firms; each card links to the deal’s page on globalscopepartners.com.
The Turkish market, nine months of 2026
Transactions in Turkey by buyers from Japan, January 2025 to September 2026.
Source: Orion Capital Partners’ register of Turkish M&A, January 2025 to September 2026. The full market view
How we work for you
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 US dollars or euros, 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.