The Vansan Machinery Industry, which was established in Izmir about 60 years ago and one of the important names of Turkey in pump and pump systems, will now belong to the Japanese. EBARA, which produces in the field of Japanese industry and infrastructure, the foundations of which were laid in 1912, aspired to Vansan, one of the important names in Turkey’s water technologies.
will own 100 percent
According to the information received, an agreement worth 108 million dollars was signed between the two giant companies. The Japanese giant, a global equipment manufacturer, will own 100 percent of Vansan after the sale transfer. If the Competition Authority approves after the applications, the sale is expected to be made in the first quarter of next year.