Celebi Hava Servisi A.s.BIST: CLEBI

Celebi Says Subsidiary Celebi Kargo Depolama Makes Deal To Buy All Shares Owned By Principal Shareholder Of TCC In Kenya For $40.1 Mln

· Issued by Celebi Hava Servisi A.s.

ÇELEBİ HAVA SERVİSİ BIST:CLEBI:

  • SUBSIDIARY ÇELEBI KARGO DEPOLAMA VE DAĞITIM HIZMETLERI, THROUGH ITS FRANKFURT-BASED SUBSIDIARY ÇELEBI CARGO GMBH, EXECUTES A BINDING SHARE PURCHASE AGREEMENT TO ACQUIRE 100% OF SHARES OWNED BY PRINCIPAL SHAREHOLDER OF TRANSGLOBAL CARGO CENTRE, HEADQUARTERED IN NAIROBI, REPUBLIC OF KENYA, FOR A TOTAL $40.1 MILLION

  • TRANSGLOBAL CARGO CENTRE PROVIDES GROUND HANDLING, AIR CARGO AND WAREHOUSE SERVICES AT JOMO KENYATTA INTERNATIONAL AIRPORT,

  • THE TRANSACTION WILL BE COMPLETED FOLLOWING THE FULFILMENT OF THE CONDITIONS PRECEDENT AND OBLIGATIONS SET FORTH IN THE AGREEMENT AND UPON OBTAINING THE REQUIRED LEGAL PERMISSIONS AND APPROVALS

  • THE COMPLETION OF THE TRANSACTION IS EXPECTED BY 31 JANUARY 2026

  • TCC'S ANNUAL REVENUE IS PROJECTED TO REACH EUR 15.9 MILLION BY THE END OF THE FIFTH YEAR, WITH A TOTAL EQUIPMENT INVESTMENT OF APPROXIMATELY EUR 6.5 MILLION OVER THE SAME PERIOD

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