Önen Gıda applies to Türkiye's Capital Markets Board for IPO

Önen Gıda, the second-largest production company under Niyazi Önen Holding, has officially applied to the Capital Markets Board of Türkiye (SPK) for approval of its prospectus to launch an initial public offering (IPO). The application was submitted on September 18, 2026, with Yapı Kredi Investment Securities leading the process.

The company specializes in the sandwich, sushi, ready-to-eat meals, and frozen and chilled seafood segments, marketing products under the Mr. NO and Sushida brands. Önen Gıda maintains a leading market position in Türkiye’s sandwich and sushi categories. Its production operations are spread across three strategic locations: Istanbul (Dudullu), Kepez, and the Çanakkale Organized Industrial Zone.

With approximately 1,000 employees, the company intends to use the proceeds from the IPO to support its growth and investment plans. Önen Gıda was ranked 462nd in the Istanbul Chamber of Industry’s Türkiye’s Top 500 Industrial Enterprises 2025 survey.