Sonmez Cimento Yapi ve Mad. San. Tic. A.S announced that it expects to receive TRY 85 million in funding from Sonmez Pamuklu Sanayii AS and other investors.

Sonmez Cimento Yapi ve Mad. San. Tic.

A.S announced that it will receive TRY 85,000,000 in an equity round of funding on April 12, 2016. The transaction will include participation from returning investor Sönmez Pamuklu Sanayii Anonim Sirketi (IBSE:SNPAM) for TRY 12,800,000. The capital of the company will increase from TRY 150,000,000 to TRY 235,000,000.