Transfer of Borusan Tedarik to CEVA Logistics Successfully Completed
The transfer of Borusan Tedarik, a Borusan Group company, to CEVA Logistics has been successfully finalized.
The complete transfer of shares in Borusan Tedarik Zinciri Çözümleri ve Teknoloji Anonim Şirketi (Borusan Tedarik), in which Borusan Yatırım held a 30% stake and Borusan Holding held a 70% stake, to CEVA Logistics, a subsidiary of the CMA CGM Group, has been completed.
Erkan Kafadar, CEO of Borusan Group, expressed pride in the transfer of Borusan Tedarik’s shares to a global player like CEVA Logistics, stating: “Borusan Tedarik joining CEVA Logistics is a significant development that proves the value and potential of the Turkish logistics sector on a global scale. The transfer of our operational expertise gained over the years, our advanced technological infrastructure, and our highly qualified human resources to CEVA Logistics is a transformative step for both us and the industry. We view this process as a strong indicator of confidence in Turkey. As Borusan Group, we will continue our activities within the framework of our dynamic portfolio strategy and contribute to the development of our country with new investments.”
Following the approval of the sale by the Competition Authority, the transfer transaction was completed on November 5, 2025, for a consideration of 383,227,206 USD.
Borusan Port, another company operating in the logistics sector under the Borusan Group umbrella, will continue its activities within the Group.