In one of the last transactions of 2022, Dentons advised European Bank for Reconstruction and Development (EBRD) on its acquisition and subscription of an approximately 10% stake in Defacto Perakende Ticaret A.Ş, the rapidly expanding Turkish clothing giant.

DeFacto grew more than 100 percent in 2022 and operates more than 500 stores and e-commerce channels in 93 countries over 5 continents. With overseas sales comprising 50 percent of all sales, DeFacto is firmly on its way and fully committed to becoming a global accessible fashion brand by 2027.

Dentons’ partner Nadia Cansun (Istanbul) led the transaction together with Balcıoğlu Selçuk Ardıyok Keki Attorney Partnership (BASEAK)’s partner Doğan Eymirlioğlu and associates Mert Büberoğlu, Ceren Işıklar and Canberk Varış. 

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