Acıselsan Acipayam Seluloz Sanayi

Acıselsan

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History

History

Acıselsan, Acipayam Cellulose Industry and Trade Inc. has been founded by local people in 1973 at Acıpayam, Denizli.

In 1974, The Development Bank of Turkey and Vakıf Bank became Acıselsan’s partners. As of 2010, The Development Bank of Turkey has transferred 76.83% of owned shares to Privatization Administration.

Verusaturk Venture Capital has acquired 76.8% of Acıselsan’s shares from Privatization Administration in Q4 2011.

Verusaturk Venture Capital has also acquired 15.2% of Acıselsan shares from Vakıflar Bankası T.A.O. and raised it's total shares to 92%.

 

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