Zümrüt Esin

Esin
Lawyer (Partner)

Zumrut Esin has rejoined Esin Attorney Partnership, a member firm of Baker & McKenzie, as a partner effective 22 September 2014. Esin was admitted to the Istanbul Bar in 1995. She graduated from the Marmara University Law Faculty in 1993. She completed her LL.M. degree on Competition Law in 1997 with a thesis titled "Abuse of Dominant Position in European Competition Law" in the Marmara University European Union Institute. She is a specialist in Turkish and EU competition law and she also has extensive experience in Corporate Law and M&A, and Law of Contracts.

Articles

90579 Bulletin

Zümrüt Esin The Turkish Competition Authority cleared an acquisition in the private hospitals market subject to limitation of the non-compete obligation (Ozel Maya-Sevgi Saðlýk-Ten Medikal-Gürler Medikal / Þafak)

1668

The operation Safak SPV will hold 60% of the shares of Safak Holding. Safak SPV is indirectly controlled by The Julius Baer Group, Amber Master Fund SPC and Deutsche Investitions-und Entwicklungsgesellschaft mbH (“DEG”) through Þafak Investors LP. Safak Investors LP is established for the (...)

Zümrüt Esin The Turkish Competition Authority cleared a merger in the shopping malls real estates market subject to limitation of the non-competition clause duration (AVM - Mfi Arcaden)

1502

The operation Mfi Management für Immobilien AG, which is the parent company of Mfi Arcaden, is one of Germany’s leading management companies for the development and operation of downtown shopping arcades. It offers any relevant service across the entire real estate life cycle as a one-stop (...)

Zümrüt Esin The Turkish Competition Authority authorised a foreign-to-foreign merger cleared by the EC Commission subject to partly the same remedies imposed at the EC level (Owens-Saint Gobain)

1723

The operation Owens is a USA based company active worldwide in the production and sale of glass fibre reinforcements, composite fabrics and building materials. It does not carry any manufacture activities in Turkey. Saint Gobain is a French company active worldwide in the manufacture and sale (...)

Zümrüt Esin The Turkish Competition Authority cleared a merger in the chewing gum market subject to divestiture and limitation of the duration of the confidentiality obligation (Greencastle-Intergum)

1756

The operation Greencastle is a wholly owned subsidiary of Cadbury Schweppes which is London based public company. Cadbury Schweppes is active in the business of production and marketing of confectionery and beverages. At the time of the notification, Cadbury was active in the Turkish (...)

Zümrüt Esin The Turkish Competition Authority cleared a merger in the plastics business markets subject to limitation of the confidentiality clause duration (GE-Sabic Europe)

1513

The operation Sabic Europe is controlled by Saudi Basic Industries Corporation (“SABIC”). SABIC is a publicly held company that 70% of its shares are held by Saudi Arabia Investment Fund and 30% of the shares of SABIC are held by private investors in the countries which are the members of Gulf (...)

Zümrüt Esin The Turkish Competition Authority clears a merger in the of financial services subject to limitation of the duration of the non-compete clause (Dogan-Deutsche Bank)

1809

The operation Doðan Yayýn Holding is Turkey’s leading media and entertainment conglomerate. It operates in TV and radio broadcasting as well as print and online media. DYH is uniquely positioned in the Turkish media industry. Doðan Yayýn Holding, Hürriyet, Milliyet and Doðan Burda stocks are (...)

Zümrüt Esin The Turkish Competition Authority cleared a merger in the airline catering services subject to remedies including modification of the exclusive purchase obligation (Turkish Airlines-DoCo)

1938

The operation Turkish Airlines is active in the airline transportation sector which qualifies as the downstream market of the airline catering services. 49% of the Turkish Airlines is owned by the State and the remaining 51% is held by the public. DoCo is an indirect subsidiary of DO&CO (...)

Zümrüt Esin The Turkish Competition Authority cleared a merger in the distribution of perfumery and toiletry sector subject to limitation of the duration of the confidentiality obligation (Hedef-Vizyon)

1486

The operation Vizyon is a Turkish company active in the distribution of perfumery and toiletry. Mehmet Ýhsan Ender is the biggest shareholder of Vizyon with his shareholding of 55% and the transaction mostly consists of the acquisition of this 55% shareholding. The second biggest shareholder is (...)

Zümrüt Esin The Turkish Competition Authority cleared a merger in the cement market subject to limitation of the non-compete clause from 3 to 2 years (Cimentas - Cementir)

1671

The operation Cimentas Ýzmir Çimento Fabrikasý Türk A.Þ. is a company which has a capacity of clinker (...)ton/year and cement (...) ton/year. According to the statistics of Türkiye Çimento Müstahsilleri Birliði, Cimentas has shares of ...% in total capacity, ...% in total manufacture, ...% in total (...)

Zümrüt Esin The Turkish Competition Authority cleared a merger on the packaged water market subject to limitation of the duration and scope of the non-compete obligation (Nestlé-Erikli)

1682

The operation Nestlé Waters is established in Paris, France in 1872. Nestlé Waters is the world’s leading bottled water with 75 different brands in 130 countries. Nestle Waters is the bottled water group of Nestlé Group centered in Vevey, Switzerland which is established by Henri Nestlé. Nestlé (...)

Zümrüt Esin The Turkish Competition Authority cleared a merger in the cinema theatres market subject to limitation of the geographical scope of non-compete obligation (Mars-Cinema)

1659

The operation Mars Cinema is a company primarily active in the business of cinema theatre operation in 6 provinces in Turkey. Mars Cinema had 66 cinema theatres before the operation. Is Girisim is a private equity which is wholly owned and controlled by Is Bankasý Group, a group which also (...)

Zümrüt Esin The Turkish Competition Authority cleared a merger in the packaged herbal and fruit tea market subject to revision of a provision aiming at minimum sale price (Dogadan-Kutas)

1399

The operation Kutas is established as a joint venture between a Turkish and a German company. Dogadan is a company incorporated in Turkey and Dogadan’s shareholders consist of a Turkish family and a Swiss company MKT Holding AG, both of them having 50% shareholding in Dogadan. The operation (...)

Zümrüt Esin The Turkish Competition Authority cleared a merger in the agricultural products sectors subject to remedies including limitation of the duration of the non-compete clause (Eker-Andros-Novandie)

1944

The operation Both of the Purchasers are French companies. Andros is a holding company which operates in the administration of its holding companies including Novandie. Andros Group companies are active in the production and marketing of diary products and fruit juices. Novandie is also active (...)

Zümrüt Esin The Turkish Competition Authority cleared a merger in the automobile engines markets subject to limitation of the duration of the non-compete clauses (Daimler Chrysler-EQT)

1716

The operation DaimlerChrysler is a company established through the merger of Daimler-Benz AG and Chrysler Corporation in 1998. The main field of activities are automobile manufacture and defence industry technologies. It has facilities in 20 countries all over the world. It is not under the (...)

Zümrüt Esin The Turkish Competition Authority cleared a merger in the the carbonless developers market subject to remedies including regular notifications of its market shares and prices to the NCA (Rockwood Süd-Chemie)

1404

The operation Süd-Chemie is a company which is active in the field of production of chemicals. It operates in Turkey through its Turkish subsidiary. However this subsidiary is not active in any businesses which are related to the relevant product market. On the other hand, Rockwood is a global (...)

Zümrüt Esin The Turkish Competition Authority cleared an internal shares transfer as a a merger subject to the removal of the non-compete obligation from the transaction agreement (Inteltek-Intralot)

1611

The operation Intralot is a Greek company whose shares are being publicly held. Intralot is vastly experienced in integrated gaming systems, as well as design, development, operation, and support of gaming systems. It is the third biggest supplier company in the global lottery market. Intralot (...)

Zümrüt Esin The Turkish Competition Authority clears a merger in the GSM market subject to remedies, including limitation of the duration of the non-compete and confidentiality clauses (Alfa Telecom Turkey - Cukurova)

1664

The operation Prior to the transaction, Cukurova Telecom Holding Ltd. (“Cukurova Telecom”), the joint venture company, was under the sole control of Cukurova Holding. Upon completion of the transaction, Cukurova Telecom has become a joint venture whose parent companies are being Alfa and (...)

Zümrüt Esin The Turkish Competition Authority cleared a merger in the hot adhesive markets subject to limitation of the duration of the non-competition clause (Ergon/National Organik)

1433

The operation Ergon is a UK based investment company which is a vehicle for Imperial Chemical Industries Group (“ICI”) which is being used for the purpose of carrying out its investments in foreign countries. Ergon does not have any subsidiary in Turkey. ICI is multinational company which has a (...)

Zümrüt Esin The Turkish Competition Authority clears a merger in the maritime transportation sector subject to limitation of the scope of the joint venture to the relevant market (Eregli-Denizcilik)

1766

The operation The Parties are real persons who are active in different areas of sea transportation through their direct or indirect shareholdings in various companies. However none of the Parties have any direct or indirect shareholding in any company which is active in the relevant product (...)

Zümrüt Esin The Turkish Competition Authority cleared - ex post - a merger in the logistics services market while requesting annulation of a non-compete clause after the termination of the joint-venture (TNT-Koc Group)

1585

The operation TNT Turkey was under the joint control of Koc Group and TNT prior to the transaction. The main field of business of TNT Turkey is the logistics services. The Parties to the transaction are active in the relevant market only through TNT Turkey. Prior to the transaction, TNT held (...)

Zümrüt Esin The Turkish Competition Authority cleared a merger in the nylon products markets subject to limitation of the duration of non-compete and confidentiality clauses (Invista/Koch-E.I. Dupont)

1497

The operation Invista is a company which is under the sole control of E.I. DuPont and is globally carrying out the fibers and intermediate goods businesses of E.I. DuPont. Invista was the biggest manufacturer of integrated fibers and intermediate goods in 2002. It has a subsidiary in Turkey. (...)

Zümrüt Esin The Turkish Competition Authority renders its view that a shares’ transfer qualifies as a concentration and that it will monitor the target’s investments (Tupras)

3434

In a pre-notification filing for the privatization of a state-owned company Turkiye Petrol Rafinerileri A.S. (“TUPRAS”), t The operation TUPRAS is a state owned company which operates petroleum refineries in Turkey. In 1990, it was decided to privatize TUPRAS, subsequent to which two public (...)

Zümrüt Esin The Turkish Competition Authority clears a merger in the food oil markets subject to various remedies including limitation of the duration of the exclusive sale and distribution agreements (Unikom/Unilever-SEEF)

1507

The operation Unilever is a company incorporated in Holland which is active in Turkey through its various subsidiaries including Unikom. Unikom is engaged in the production of corn oil, sunflower oil and olive oil. On the other hand, SEEF is an affiliate of Soros Investment Capital and it had (...)

Zümrüt Esin The Turkish Competition Authority held that bidders for a privatization tender will not be required to file notification for clearance, provided, if they win the tender, that they have sole control of the special purpose vehicle (Takým/SMM Hesfibel)

1661

The operation Takým is a company which was incorporated mainly for the purpose of manufacturing all kinds of set of tools. SMM is a special purpose vehicle incorporated solely for the purpose of participating to the privatization tender. The shareholders of SMM warranted that in the event the (...)

Zümrüt Esin The Turkish Competition Authority cleared a merger in the confectionery market subject to remedies, including termination or revision of the obligation preventing the acquisition of shares of a competing company for investment purposes (Cadbury -Pfizer)

1834

The operation Pfizer Inc. is a company which is primarily active in the field of production, development and marketing of pharmaceutical products, and products which are related to human and animal health. Adams is the business department of Warner Lambert which is a subsidiary of Pfizer. (...)

Zümrüt Esin The Turkish Competition Authority cleared a merger in the sheet glass processing market with remedies including limitation of the scope of the non-compete obligation (Schoot-Orim)

1510

The operation Schoot is a joint venture of which the shares are co-owned by Schoot Glas and Glaverbel S.A. Schoot Glas is engaged in the manufacture of special glasses (e.g. television screens, optical glasses, injection syringes), whereas Glaverbel S.A. is engaged in the manufacture and (...)

Zümrüt Esin The Turkish Competition Authority clears a merger in the construction and contracting businesses markets subject to limitation to bid in future tenders to one of the joint venture’s parent companies (Koç-Garanti Koza)

1509

The operation Prior to the transaction, 98.34% of the shares of Garanti Koza were being held by Koc Group companies. The Parties entered into a Shareholders’ Agreement (the “Shareholders’ Agreement”) on June 01, 2000 whereby Koc Group agreed to sell to Balfour and Balfour agreed to purchase and (...)

Zümrüt Esin The Turkish Competition Authority cleared with remedy a merger in the pharmaceuticals sector subject to remedies, including transfer of licences to third parties (Glaxo-SmithKline)

1638

The operation Prior to the transaction Glaxo was a public company which was engaged in research, development, production and marketing in the pharmaceuticals sector. Glaxo had a Turkish subsidiary named Glaxo Wellcome Ilaclarý San. A.S. (“Glaxo Turkey”) through which Glaxo carried out its (...)

Zümrüt Esin The Turkish Competition Authority clears with remedy the concession of operation rights of several electricity distribution facilities from the state-owned electricity incumbent (TEDAS)

2662

The operation At the time of the decision, TEDAS was a state-owned entity which was responsible for the distribution of electricity. Each of the electricity distribution facilities owned by TEDAS was operating in their exclusive territory. The operation was the transfer of operation rights of (...)

Zümrüt Esin The Turkish Competition Authority clears a merger in the pipes markets subject to periodical notifications of prices, production and sale figures (Borusan Mannesmannröhren)

1701

The operation The Parties intended to enter into a partnership whereby a Joint Venture will be established between the Parties. It is contemplated that Borusan will hold 77%, and Mannesmann will hold 23% of the shares of the Joint Venture. The Turkish Competition Authority, upon its review of (...)

Zümrüt Esin The Turkish Competition Authority cleared a merger in the agricultural vehicles and equipment markets subject to mandatory appointment of companies as distributors (Trakmak New Holland)

1624

The operation New Holland acquired a shareholding of Koc Group in Trakmak which represents 37.5% of the share capital of Trakmak as a result of which New Holland and Koc Group started to have joint control over Trakmak. The Turkish Competition Authority, upon its review, decided that with (...)

Zümrüt Esin The Turkish Competition Authority cleared a merger in the retail distribution market subject to one of the parent company refraining to be active in the relevant market (Migros Metro)

1967

The operation Migros and Metro are both active in the retail sector in Turkey. The transaction is the establishment of 5 joint ventures by and between Migros and Metro for which purpose the Parties had entered into an agreement (“Agreement”) on December 1, 1997. According to the Agreement the (...)

Send a message