Lexist advised AGM Teknoloji Yatırım Sanayi Ticaret AŞ (“AGM”) on its acquisition of OPPO’s manufacturing factory in Tuzla, Istanbul. With this acquisition, AGM will have the sole and exclusive sub-license to manufacture, market, distribute, sell and provide after-sales services in relation to OPPO products in Türkiye.
OPPO is a Chinese technology products conglomerate with an estimated global smartphone market share of 10%. OPPO entered the Turkish market in 2020 with the opening of its 10th manufacturing plant worldwide.
The Lexist TMT team was led by Partner Mesut Kaya and assisted by Senior Associate Kadir Özdemir and Associate Yiğit Koçer.