GERSAN Secures Try 101 Million From GEM Global Yield Fund

ISTANBUL, March 8, 2018 /PRNewswire/ --

GERSAN ELEKTRIK Ticaret ve Sanayi A.Ş ("GERSAN" or "GERSAN A.Ş.") has signed a funding facility for TRY[101] million under a Share Subscription Facility ("SSF") and Call Option Agreement, (the "Agreement") with GEM Global Yield Fund, the private alternative investment group.

(Logo: )

This TRY[101] million will be raised from a combination of instruments, TRY50 million in capital from the SSF and TRY[51] million from the Company issuing [7.1] million call options that can be exercised within three years by GEM Global Yield Fund, at the price which represents TRY[7.2] Per Share.

This new Agreement will be used to provide strength to the working capital of the Company.


GERSAN A.Ş., established in 1980, is a leading company in the electrical industry with 38 years of experience. GERSAN A.Ş. is a complete "R & D" - inovation company and produces technological electrical products. Some of our products are patented internationally.

These products hold international certificates such as GOST, IEC, BS, TSE, EN, ATA, IPH, ISO9001-14001-18001, and CE. We export to 88 countries.

Our production facilities:

- Main Istanbul factory 7.000m2
- Zonguldak-Çaycuma production facility 46.000m2
- Russia-Kaliningrad facility 10.000m2 on 36.000m2 area (Governmental investment support
till 2032)
- Oman facility 5.000m2 with Governmental support

We have showroom organisations in Dubai, Nigeria, Kazakhistan, Litvia, Qatar.

Our main fields of operations are;

Busduct Systems; 

- 25-6300A LV Busduct systems
- 36kV MV Busduct systems
- IP 55 & 68 protection class

Distribution Panel Systems; 

- ASTA certified for 5000A 150kA-1sc,

G-Bus Industrial Automation Control 

- International Patented PLC power line communication automation

LED Lighting Systems  

- Co-Branding-OSRAM,
- Face recognition and matching software,
- Smart Street Light Automation Systems,

AC / DC / Wireless Electrical Car Charging Systems,  

Cable Management and Support Systems, 

Earthing Systems, 

Underfloor Trunking Systems, 

All products and productions are ISO, IEC, EN, ENEC and CB certified. 

About GEM:  

Global Emerging Markets ( was founded in 1991. GEM is a USD 3.4 billion investment group having completed 375 transactions in 68 countries. The firm is an alternative investment group that manages a diverse set of investment vehicles across the world. GEM's funds include and have included : CITIC-GEM Fund, Kinderhook, GEM Global Yield Fund, GEM India and VC Bank/GEM Mena Fund*. (*GEM exited both its LP and GP stakes in Q1 2010.)

For more information, please contact:

GERSAN ELEKTRIK Ticaret ve Sanayi A.Ş

Aude Planche
28 Cours Albert 1er, 75008 Paris
Tel: +33-153-532-010



PR Newswire

Dit persbericht is via ANP Pers Support naar internationale (vak en online) media gestuurd. Heb je nieuws voor buitenlandse journalisten? Bekijk dan onze mogelijkheden of neem contact met ons op.

Verstuur nu éénmalig een persbericht

Verstuur persberichten en beeldmateriaal naar redacties in binnen- en buitenland. Via het ANP-net, het internationale medianetwerk van PR Newswire of met een perslijst op maat.

Direct persbericht versturen
070 - 41 41 234