NEWS ARCHIVE
2019
100% Tekfen Agri

In accordance with its strategic aim of acquiring a strong presence in the field of agricultural production, at the beginning of 2018 the Tekfen Group bought a 90% stake in one of Turkey's largest producers of premium fruit-Alanar Meyve ("Alanar Fruit") and its sister company Alara Nursery, which grow and sell fruit tree saplings.

In May 2019, Tekfen Agri acquired all the remaining shares belonging to the founding partners, thus bringing both companies completely into the Tekfen fold.

Alanar Meyve has set itself the goal of becoming a global fruit supplier and is embarking on an investment programme worth 160 million Turkish Lira: it aims to expand its operation to cover 10,000 decares (2471 acres) by the end of 2020, and to increase its stock of saplings to 350,000. In accordance with this goal, the company is working hard to achieve its aim of exporting 25,000 tons of fresh fruit to 50 countries in 5 continents in the year 2023.