
Pera and Darby buy Koza Gida
Turkey’s Pera Capital Partners and US-based Darby Private Equity have acquired Koza Gida, a Turkish distributor of speciality foods.
Darby is the private equity arm of Franklin Templeton Investments, and the buyout of Koza Gida was made through the GP's Darby Converging Europe Fund III. The €250m vehicle, announced in 2011, has so far made four CEE investments across Turkey, Hungary and Latvia.
According to the buyers, the new capital will help Koza Gida expand into new product categories, enlarge and update its distribution network and improve employee training, with expected continued support from its new owners.
Company
Koza Gida is an Istanbul-based importer and distributor of speciality food products, pastry ingredients and food equipment.
Founded in 1994, the company sells its imports to hotels, restaurants, cafeteria, retailers and cake and pastry producers.
Koza Gida distributes the Casa Fiesta, Mission Foods and McCain brands among others.
People
Burak Dalgin is a managing director at Darby Private Equity in Istanbul. Kerim Yalman is Pera's managing partner.
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