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ŞİŞECAM 2023/q2
Thread in TurkishTürkiye Şişe ve Cam Fabrikaları A.Ş. was founded in 1935 by İş Bank and currently consists of a holding company with 57 subsidiaries, 1 joint venture (Rudnik Krecnjaka Vijenac D.O.O.), 2 associates (Saint Gobain Glass Egypt S.A.E and Solvay Sisecam Holding AG) and 2 joint activity (Pacific Soda LLC and Denmar US LLC). Şişecam is among the world’s most prestigious manufacturers and with its 88 years of corporate history, it has a considerable experience and high degree of specialisation. As a global company Şişecam has production activities spanning 14 countries on 4 continents, and sales in more than 150 countries. Following the merger, which was completed as of…
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About Şişecam Merger
Notes on the Merger Although I take notes for myself on many aspects of life and share some of them via this blog, I prefer to keep company and stock analyses for myself – unless they have educational purposes or there is a common interest on the issue. For example, I have previously written on Migros to contribute on how to conduct a financial analysis and on Starbucks to understand negative owner’s equity. As the Türkiye Şişe ve Cam Fabrikaları A.Ş. provided us with more information on the merger on April 28th, 2020 through a webcast, I wanted to pass my notes about the process from the beginning, which also…