Turkey’s one of the leading complex plastics injection parts production and painting company Otosima Plastik, through Globalturk Capital, sold 100% of its shares to Groupe Plastivaloire.
Globalturk Capital assisted Otosima Plastik to sell its shares to Groupe Plastivaloire (“PVL”). Otosima Plastik, which was established in 2002 and Turkey’s one of the leading complex plastics injection parts production and painting company, sold its shares successfully to PVL through Globalturk Capital. PVL is one of the largest suppliers of plastics to the automotive industry in France, manufacturing parts used in vehicle interiors, front-end modules, under-bonnet parts, lighting, and signaling. PVL acquired 100% of Otosima in 8 July 2015, through its subsidiary Bourbon Automotive Parts GmbH.