Gat Foods acquired Targıd, a Turkish producer of fruit juice concentrates and purees

ÜNLÜ & Co acted as buy side advisor to Gat Foods

Company
Targıd Tarım ve Gıda Ürünleri Sanayi ve Ticaret A.Ş.
Transaction
Sector
Activity
Fruit and vegetable processing
Date
Country
Türkiye - Israel

Founded in 1993, Targıd has built a strong reputation as a high-quality supplier of fruit and vegetable products for various industries, including fruit-based beverages, baby food, jam, bakery, and dairy. The company's facility in Mersin, Türkiye, spans 22,000 sqm and utilizes advanced processing technology, featuring extensive freeze and cooling storage capacities, as well as state-of-the-art laboratories.

This acquisition enables Gat Foods to strengthen its position in the global fruit solutions market by integrating Targıd's production capabilities and product offerings. The combined expertise and resources of both companies are expected to enhance their ability to serve a broader range of industries and expand their global footprint.