Acquiring a Distributor in Turkey as Major Step forward

Acquiring a Distributor in Turkey as Major Step forward

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.  

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