Orion Capital Partners

Turkey, seen from Sweden

Turkey, seen from Sweden.

Swedish groups have bought into Turkish marine safety, cable compounds, lift controls, ventilation and air conditioning, mobile gaming and compressor services. Orion works for Swedish 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 Sweden.

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Turkish M&A transactions, January 2025 to September 2026649 announced transactions with a Turkish target. Each point is one transaction. Wedges are sectors and distance from the centre is time. A filled star has a disclosed value, sized by value; a hollow ring is undisclosed. Colour is the buyer’s origin.

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

Already in Turkey

Swedish buyers in Turkey, 2024 to 2026.

TargetBuyerSectorValueDate
Integmar Marine TechnologiesConsilium Safety Group SwedenMarine safety servicesNot publishedJun 2026
Ares MarineConsilium Safety Group SwedenMarine safety systemsNot publishedJun 2025
Kabkom Kimya, 80%HEXPOL SwedenCable compoundsEUR 54mCompleted Apr 2025
Arkel, 100%Innovalift (Latour) SwedenLift controlsNot publishedCompleted Jan 2025
Systemair HSK, last 10% (to 100%)Systemair SwedenVentilationNot publishedCompleted Jan 2025
Mega Fortuna, minorityAonic SwedenMobile gaming platformUSD 10mJan 2025
Üntes, 50% to 83%Nibe SwedenAir conditioningNot published2025
SCS MakinaAtlas Copco SwedenCompressor sales and serviceNot publishedNov 2024

Values as published; sources are linked.

Globalscope Partners in Sweden

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 Sweden, that firm and Orion run a Turkish transaction as one team: your adviser at home, Orion in Turkey.

Globalscope Partners

More on the network

The Turkish market, nine months of 2026

255transactions with a Turkish target
USD 7.8bndisclosed value
USD 7mmedian disclosed deal
20%with a foreign buyer
Sweden 5Istanbul

Transactions in Turkey by buyers from Sweden, 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.

  1. 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.

  2. 02

    The long list

    Companies screened for size, ownership and fit with your strategy, each with a short profile and the reason it fits.

  3. 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.

  4. 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.

  1. 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.

  2. 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.

  3. 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.

  4. 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.