New Industry Products
Acquiring a Distributor in Turkey as Major Step forward
February 01, 2016 by Yokogawa Electric Corporation
Yokogawa Electric Corporation announces that its subsidiary, Yokogawa Europe B.V. has acquired 100% of the shares of its distributor in Turkey, Birleşik Endüstriyel Sistemler Ve Tesisler A.Ş.(BEST), which is based in Izmir.
The acquisition of shares was carried out on November 25. With this acquisition, Yokogawa strengthens its focus on Turkey as a market with substantial growth potential. It will allow Yokogawa to extend its position in promising segments such as the power industry. Through the acquisition, Yokogawa will ao enhance its relationships with customers in Turkey.
About Yokogawa
Yokogawa is a leading provider of Industrial Automation and Test and Measurement solutions. Combining superior technology with engineering services, project management, and maintenance, Yokogawa delivers field proven operational efficiency, safety, quality, and reliability.
