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Aytemiz and Dogan Energy Join Forces

by User Not Found | Jan 29, 2016
Doğan Holding subsidiary Doğan Enerji and Aytemiz Fuel have joined forces with the shares transfer following the approval by EMRA and Competition Authority.
Doğan Holding subsidiary Doğan Enerji and Aytemiz Fuel have joined forces with the shares transfer following the approval by EMRA and Competition Authority.

With the shares transfer, Dogan Enerji now has 50 percent shares of Aytemiz Fuel.

Underlying the importance of the partnership they formed with Doğan Enerji on their way to grow in distribution industry, Aytemiz Distribution Inc. Board Chairman İsmail Aytemiz said 'Thanks to our partnership with Doğan Group, we will get into a stronger position and look to the future with confidence. I'm very happy to be a part of this partnership and I believe this will bring good luck to our country, fuel industry, our branches, the consumer and the two parties of the partnership.'

Implying that the partnership with Aytemiz Fuel is a great indicator of Dogan Group's determination to grow in fuel industry, Doğan Holding CEO Yahya Üzdiyen had these to say:  'We believe Aytemiz, which is one of the few domestic, established and respected brands in the fuel industry, is the most suitable business partner for our strategy. We believe we will create a great synergy by combining our energy and financial powers with Aytemiz Family's experience, competence, infrastructure and logistics and distribution network. This synergy will provide added value to all shareholders, customers and partners in the industry. From now on, our goal as Aytemiz Fuel is to be in the top 5 of fuel industry.'

Aytemiz is at 8th position among 80 licensed distribution companies in fuel distribution industry with 2% white product and 2.7% autogas market share. It operates with 310 fuel-oil and 261 autogas stations.

Carrying supplies to its branches from 11 filling points, Aytemiz has a storage capacity of 130,000m3 with its own Mersin, Izmit, Kirikkale and Trabzon stations. With the completion of currently-constructed Antalya Filling Station, the storage capacity will reach 200,000m3

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