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2 clusters · 9 sources · 9 days · First seen · Last updated

Şok Marketler merger with UCZ

Overview

In late July 2026 Turkey’s Capital Markets Board approved a simplified merger that would transfer all assets and liabilities of UCZ Mağazacılık to Şok Marketler, leaving Şok’s issued capital unchanged and generating no cash outflow. The approval set the legal groundwork for dissolving UCZ’s corporate entity.

By early August 2026 the merger was completed. UCZ Mağazacılık’s shares were transferred to Şok Marketler, the UCZ legal entity was dissolved, and the UCZ brand vanished from the Turkish discount‑store market. The integration ended the involvement of UCZ’s founders and concluded a process that began with Yıldız Holding’s 2016 acquisition and conversion of UCZ stores to the Şok format.

Entities

UCZ Mağazacılık · Sermaye Piyasası Kurulu · ŞOK Marketler · Yıldız Holding · Turgay Ciner

Timeline

  1. 12 days ago

    [BUSINESS] 2 sources
    ŞOK Marketler absorbs UCZ Mağazacılık, ending the chain's 14‑year run

    UCZ Mağazacılık, a former 800‑store Turkish chain, merged into ŞOK Marketler after SPK approval, ending the UCZ brand and dissolving its legal entity.

  2. 20 days ago

    [BUSINESS] 7 sources
    Şok Marketler completes merger with UCZ Mağazacılık

    Turkey's SPK approved the simplified merger of Şok Marketler with its 100% subsidiary UCZ Mağazacılık, transferring all assets and liabilities without a capital increase or cash outflow, ending UCZ's legal form

Sources

artigercek.com · borsagundem.com · dartsnmore.com · ekz.ch · finansgundem.com · guneydoguekspres.com · internethaber.com · karar.com · thispsychology.com