| Akfen Holding | |
|---|---|
 | |
| Type | Conglomerate |
| Industry | Infrastructure |
| Founded | 1976 |
| Founder | Hamdi Akın |
| Headquarters | Ankara-Istanbul , Turkey |
| Website | www |
Akfen Holding is an infrastructure focused conglomerate based in Turkey, founded in 1976 by Hamdi Akın and earned its status as a holding company in 1999.
The group often partners with leading multinationals and organizations like PSA International, Accor Hotels, IFM Investors, EBRD and IFC.
TAV Airports
Founded by Tepe Group, Akfen Group and Vienna Airports in 1997, TAV Airports won the tender to build Istanbul Atatürk Airport, one of the first examples of BOT projects in the world.
Following the growth of airport tenders in Turkey based on the BOT model, TAV quickly built a portfolio of airport concessions.
TAV grew by creating an ecosystem of companies around airport operations:
Akfen exited its investment in TAV to Aeroports de Paris Group in two installments, it sold 38% of TAV for $874M in 2012 and its remaining 8% for $160M in 2017.
Mersin International Port (MIP)
Founded by Akfen Group and PSA International in 2007, MIP won the 36-year privatization tender for Mersin's container port for $755M.
When the consortium took over the port's operations, it handled 400,000 TEU. In 10 years, MIP grew the handled load to 1,600,000 TEU through significant capacity increases.
Akfen partially exited its investment in MIP, it sold 40% of MIP to Australian infrastructure fund IFM Investors for $869M.
TÜVTÜRK
Founded by TÜV SÜD, Doğuş Group and Akfen Group in 2007, TÜVTÜRK won the tender for a 20-year monopoly for periodic vehicle inspections in Turkey starting from 2007.
Akfen exited its investment in TÜVTÜRK, it sold its 33% stake in TÜVTÜRK to Bridgepoint Group for an undisclosed sum.
Turkey Human Resources Foundation (TİKAV) was founded in 1999. TIKAV, which was founded by the Akin Family, conducts studies on bringing up socially and culturally well-equipped youngsters that are studying in the universities of the East and Southeast Region of Turkey, and raising the leaders of the future. The Foundation actualizes Akfen Holding's social responsibility projects.