Founded by Özdemir Sabanci in 1966 and Turkey’s first synthetic fiber factory SASA, which started its commercial life as a company, is a company that is still on Türkiye’s agenda, even though years have passed since its founding.
SASA, which once started as a simple producer of textile raw materials, gradually grew into a company into a gigantic industrial player transformed. This gigantic factory in Adana continued to produce for the textile industry led by Sabanci Holding until 2015.
The foundation stone was laid when the Sabanci family wanted to withdraw from industrial activities in the early 2000s.

After Sakıp Sabancı’s death, he retired from the industrial sector He wants to concentrate on the service sector. The Sabanci family gradually began to realize these decisions.
The reason for this decision was that Akbank was doing very well and became a flagship for Sabancı Holding and the Sabancı family founded Enerjisa. investments in the energy sector He wanted to do it.
Over time, Sabanci Holding began selling its companies in the industrial sector.

textile company Bossaproduction of woolen fabrics Yunsa, Cimsa and other cement factories and bus manufacturers Temsa Sabanci Holding, which sold off its businesses one by one, seemed very determined to exit the industry completely.
Although SASA first entered into an agreement with an Indian company, the Competition Authority To prevent the Indians from acquiring a monopoly in the textile field intervened in this agreement and the sale did not take place.
SASA was sold to Erdemoğlu Holding for $102 million in 2015!

Known for its Merino carpets Erdemoğlu Holding made the most successful investment of their lives and bought SASA.
Over time, Erdemoğlu Holding established SASA with its investments. took it to a completely different dimension.
They settled new facilitieswhat they did new agreements SASA, which has proven its visionaryness with its initiatives and initiatives, continues its development. of our country among the most valuable companies found its place.
Currently, the market value of SASA is 219.70 billion TL!
in 2015 SASA for $102 million We can’t know if Sabanci Holding, which sold it, regrets it. But it’s also true that they took away a company with huge potential.
In some sources even If Sakıp Sabancı were alive, he would never sell SASA It is even said!
Source: Milliyet, Investing, HaberTürk, World
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