17.03.2026 08:20
The assets of Baklavacı Faruk Güllü, managed by TMSF as a trustee, have been put up for sale with a starting price of 223 million TL. The auction for the giant brand, which has 70 branches, will take place on April 8.
The Savings Deposit Insurance Fund (TMSF) has put up for sale the "Baklavacı Faruk Güllü Commercial and Economic Integrity," which it created by consolidating the assets of Baklavacı Güllüoğlu Food Industry and Foreign Trade Inc., which it manages as a trustee.
A PROVISIONAL PRICE OF 223 MILLION TL HAS BEEN DETERMINED
TMSF has determined a provisional price of 223 million TL for the integrity subject to sale. The auction in question will be held on April 8, 2026.
SEIZED IN 2016
As part of the investigations conducted against FETÖ, operations were carried out against individuals and companies identified as being connected to the organization. During this process, Güllüoğlu Baklavaları was seized in 2016 on charges of "financing a terrorist organization," "being a member of a terrorist organization," and "establishing and managing a terrorist organization."
TMSF has initiated a new process by putting the assets of the company it manages as a trustee up for sale.