PPD and INA completed the sale of TMF, their largest shareholder stake in Croatian fertilizer producer Petrokemija, to the Yildirim Group. The transaction finalizes a deal first reported in November 2022, marking a shift in ownership for the Croatian chemical company. TMF’s stake in Petrokemija was a key asset in the transaction.
Turkey’s Yildirim Group has initiated the acquisition of a majority stake in **Petrokemija**, a company operating in the mineral fertilizers sector. The deal involves **Terra Mineralna Gnojiva (TMG)**, a subsidiary of Petrokemija, though the total purchase price remains undisclosed. The move marks Yildirim Group’s expansion into Croatia’s fertilizer production industry.
Yilport Holding, part of Turkey’s Yildirim Group, acquires Tertir-Terminais de Portugal from Mota-Engil SGPS and Novo Banco for **EUR275 million**. The deal covers seven ports in Portugal, two in Spain, and a 50% stake in a Peruvian port. Yilport expands its European and Latin American port operations through the transaction.
