GERSAN Secures Try 101 Million From GEM Global Yield Fund

ISTANBUL, March 8, 2018 /PRNewswire/ --

GERSAN ELEKTRIK Ticaret ve Sanayi A. ("GERSAN" or "GERSAN A. .") 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.

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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. ., established in 1980, is a leading company in the electrical industry with 38 years of experience. GERSAN A. . 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-Caycuma 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.    

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