Cimsa and Oyak end partnership in Oysa Cimento, Turkey

Cimsa and Oyak end partnership in Oysa Cimento, Turkey
Published: 23 October 2006

Cement manufacturer Cimsa Cimento Sanayi and Oyak, a military pension fund, sent separate statements to the ISE and said that they decided to end their partnership in Oysa Oyak Cimento.

Oysa Oyak was a joint venture between Oyak and Sabanci Group. The statements released by the companies noted that Cimsa and Oyak will evaluate share sale/purchase options for the cement company Oysa Cimento.