Balcıoğlu Selçuk Ardıyok Keki Attorney Partnership (“BASEAK”) advised Eren Perakende ve Tekstil Anonim Şirketi (“Eren Perakende”), regarding its purchase of 100% shares of Intersport Atletik Mağazacılık ve Dış Ticaret Anonim Sirketi (“Intersport”), a company engaged with retail sale of sports and athletics equipment and sportswear with more than 10 retail stores in the Republic of Türkiye and was owned by Intersport Athletics SA, an entity incorporated under the Fourlis Group umbrella. 

Eren Perakende focuses on retail sale industry as a part of Eren Group companies which has been incorporated as a family business and has become a reputable establishment, with more than 30 years of experience, operating in various sectors; whereas Fourlis Group is one of the leading group of companies in Greece and the Balkans in providing quality consumer durable goods. 

Partner Selahattin Kaya led the transaction with Associates Mert Büberoğlu, Müge Atalay and Gözde Öztürk. The project team advised Eren Perakende throughout the transaction starting from the due diligence process, leading to the drafting and negotiation of the share purchase agreement, to a successful closing.

About Balcıoğlu Selçuk Eymirlioğlu Ardıyok Keki Attorney Partnership

Balcıoğlu Selçuk Eymirlioğlu Ardıyok Keki Attorney Partnership is an Istanbul-based full-service law firm led by almost 100 experienced professionals since 2007, each well equipped to provide creative and diligent transaction counselling and cutting-edge legal services. We advise national and multinational clients, including Fortune 500 companies on corporate and M&A, banking and finance, capital markets, competition and antitrust, public policy and regulation, employment and labor, project finance, real estate and construction, infrastructure and PPPs, franchising and distribution, trade, WTO and customs, intellectual property, data and technology, data protection, privacy and cybersecurity, arbitration, litigation and dispute resolution, and tax matters.