Turkey’s largest holding companies, Koç and Sabancı, are not only the giants of our economy, but also the two main players in the fierce competition that has been going on for years. If you are ready, in this content we will take a look at the details of the conflict between these two giants.
Koç Holding and Sabancı Holding are among the largest and most valuable companies in our country. In fact, these two companies In shaping the Turkish economy also has a big role.
They attract attention not only for their commercial success, but also with fierce competition between Koç and Sabancı Holding have been fighting in the commercial arena as if they were in a real arena since the past years.
In fact, the fuse of the war that will last for decades is ignited by SASA.
The synthetic yarn factory planned to be established within a partnership under the leadership of Vehbi Koç towards the end of the 60s. After being prevented by Sabancı in some way starting.
So much so that Koç Holding wanted to include Sabancı in a project called Chemical Industry Corporation (KEK), but Sabancı was a little aggressive. He rejected this offer is known.
After rejecting Koç’s offer NOW Establishing his own polyester factory named Sabancı, he managed to be the first and only in the sector and entered Koç’s radar.
Thus, between the parties there is a conflict between the parties, the story of which we are telling now. cold war It is said to have started.
It is said that Koç never forgot this incident and complained about it even years later.
This cold war, the foundations of which were laid with SASA, was a period in which Sabancı was dominated by Koç. to the tire industry It flares up again upon entry.
Then, which we explain in detail in the content below. Garanti Bank war It’s happening.
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Of course, the competition between the two in all fields It continues to show itself.
Following Koç, who started foreign partnerships and partnered with General Electrics, Sabancı also Pursuing opportunities in foreign partnerships running and Bayer, Philips etc. Signs partnership agreements with companies.
You can also guess that the partnership race investing abroad He watches the race and the duo opens factories one after the other with foreign investments.
Competition continues to manifest itself in various sectors.
While the cold war continues unabated in the automobile industry It’s also starting to show up.
Wanting to make an assertive entry into the automobile market, which is dominated by Koç and Oyak-Renault, Sabancı launched the company that would later become one of its flagships. with Temsa enters the automotive industry.
Sabancı, who tries to follow Koç in almost every sector, competes in retail also continues.
Even for a while Gima It is known that they came face to face in the acquisition of chain markets named.
In summary, Sabancı and Koç’s arch rivalry It shows itself in every field.
Our other content about Koç and Sabancı:
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