Turkish PE Mediterra monetises nine-year-old bet on elevator control systems maker
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Turkish PE Mediterra monetises nine-year-old bet on elevator control systems maker

By Dilasha Seth

  • 24 Jan 2025
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Turkish PE Mediterra monetises nine-year-old bet on elevator control systems maker
Ahmet Faralyali, co-founder, Mediterra Capital

Mediterra Capital, a Turkey-focused private equity firm that backs small- and mid-sized companies, has monetised its nine-year-old investment in an elevator control systems manufacturer by selling stake to Swedish PE firm Investment AB Latour’s lift manufacturing business group. The Istanbul-headquartered PE firm will fully exit its investment in Arkel, a leading elevator control ......

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