13.11.2026 10:01
BİM, one of Turkey's leading retail chains, has made a notable acquisition in the food sector. The company has taken over all shares of Milhans Gıda, a nuts and snacks manufacturer that has been among its suppliers for many years. With the acquisition approved by the Competition Authority within the framework of certain commitments, the company, known as Turkey's second-largest private-label manufacturer, has joined BİM.
BİM United Stores Inc. carried out an important acquisition as part of its strategy to strengthen its supply chain.
According to a report by Patronlar Dünyası, BİM took over all shares of Milhans Gıda, which has long been among its contract manufacturers, and incorporated the company into its structure.
Milhans Gıda, which produces nuts, dried fruit, and snacks, is known as Turkey's second-largest private-label supplier by tonnage.
THE FUND FORMULA THAT DRAWS ATTENTION IN THE ACQUISITION
The financial method used in the transfer, which the Competition Authority approved within the framework of certain commitments, also drew attention.
The shares of Milhans Gıda, which owns registered brands such as Otto and List, were acquired through Albaraka Asset Management Inc. Tourism Venture Capital Investment Fund and ultimately came under the BİM umbrella.
Experts note that carrying out the acquisition through a venture capital investment fund rather than directly through the company's legal entity can provide tax and operational advantages.
It is stated that with this method, companies can benefit from withholding tax exemption and various financial conveniences under certain conditions.
IT EXPORTS FROM JAPAN TO THE US
Founded in 2009, Milhans Gıda continues its production activities in its 25,000-square-meter factory in the Gebze district of Kocaeli.
The company, which supplies products to BİM stores in Turkey, also exports to a wide geography extending from Japan to the US.
With the acquisition, BİM is expected to strengthen its supply chain in nuts and snack products.