In a friendly deal with its partner, the Carmeuse Group takes over the control of Ozture Kimtas in Turkey (23/10/2007)

After a long and very successful collaboration, the Carmeuse Group is happy to announce the takeover of the remaining 50% of its Joint Venture with Oztüre Kimtas in Turkey. Carmeuse and Oztüre are working hand in hand since 1991 to build up a strong position on the Turkish lime market. The Oztüre Group has reinforced the professionalism of the lime production in the region to ensure high quality products for numerous industrial customers since many years. Through professional management and people involvement, the Oztüre Group recorded continuous increasing results. They set up new projects to develop steadily its business in Turkey through new production units like in Soma and various major investments are foreseen in the coming years. Commenting this new step in the Carmeuse Group development, Rodolphe Collinet, Chief Executing Officer of the Carmeuse Group said : “We respect greatly the Oztüre family decision and appreciate that they will remain an active partner through Mr. Nezih Oztüre for the management and its shareholding within Carmeuse. Our commitment is to continue developing the leadership of our company in Turkey and maybe later in neighbouring countries.”.

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