Yeni Magazacilik A.S.

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Overview

The facility consists of a loan to Yeni Magazacilik A.S. (the "Company") in the amount of USD 250 million (EUR 219 million equivalent). The loan comprises an "A Loan" of USD 200 million (EUR 175.2 million equivalent) for the Bank's own account, and a "B Loan" of USD 50 million (EUR 43.8 million equivalent) syndicated to Dutch Entrepreneurial Development Bank ("FMO").

Project ID 57030

Status Signed

Location

Türkiye

Industry Sector

Food and Agribusiness

Notice Type

Private

Project timeline

Exploratory
Passed Concept Review
Passed Structure Review
Passed Final Review
Board Approved
Signed
Implementing
Completed

Company Contact Information

Ayse Aytimur
ayse.aytimur@aydin.com
+90 (532) 501 1752
Burhaniye Mah. Nagehan Sok. No: 4 B / 1 Üsküdar, Istanbul

Project ID 57030

Status Signed

Location

Türkiye

Industry Sector

Food and Agribusiness

Notice Type

Private

Environmental Category

Approval Date

09 Apr 2026

Disclosure date

31 Jul 2026

As permitted by paragraph 2.6 of Section III of the Access to Information Policy, disclosure of this PSD was deferred in accordance with paragraph 1.4.4 of the Directive on Access to Information.

Project Description

Project Objectives

The proceeds of the loan will partially finance the acquisition of CarrefourSA Carrefour Sabanci Ticaret Merkezi A.S. ("CarrefourSA" or the "Target").

Transition Impact

ETI score: 61

The primary transition impact quality is Green which stems from the Company's commitment to sustainability improvements, which shall include a set of Key Performance Indicators (KPIs) focused on green impacts across climate change mitigation and environmental benefits.

The secondary transition impact quality is Competitive, as the acquisition is expected to enhance operational profitability through realised synergies.

Client Information

YENI MAGAZACILIK A S

Yeni Magazacilik A.S. is a joint stock company incorporated in Türkiye. Founded in 2008, the Company is one of the largest retail chains in the country with over 13,500 stores and 60 warehouses across all cities in the country. The Company is owned by Aydin Family, which holds 97.5% of total shares.

EBRD Finance Summary

USD 200,000,000.00

B Loan - USD 50 million

Total Project Cost

USD 360,000,000.00

Additionality

EBRD is able to provide a sizeable long term facility of 7 years to support the Company's acquisition and to mobilise additional funding to help close the remaining financing gap. By adopting a dedicated SLL KPI to increase women's participation in managerial positions, the project also qualifies as Gender Additional.

Green assessments

Paris Agreement alignment

The Project is determined aligned with the mitigation and adaptation goals of the Paris Agreement based on the application of the EBRD's Paris alignment approach for directly financed investments. The Project is aligned with the mitigation goals of the Paris Agreement as it features on the joint-MDB aligned list under the non-energy intensive category. The project is aligned with the adaptation goals of the Paris Agreement as there are no materially relevant physical climate risks and does not contravene national policies for adaptation or the climate resilience of the wider system.

Green finance attribution

100% of the EBRD financing is classified as green finance, as it supports activities to achieve climate mitigation and other environmental objectives. The attribution is made in line with the methodology to determine the green finance attribution of EBRD investments, based on the Company's commitment to deliver green outcomes.

Company Contact Information

Ayse Aytimur
ayse.aytimur@aydin.com
+90 (532) 501 1752
Burhaniye Mah. Nagehan Sok. No: 4 B / 1 Üsküdar, Istanbul

PSD Last Updated

31 Jul 2026

Understanding transition

Further information regarding the EBRD’s approach to measuring transition impact is available here.

Business opportunities

For business opportunities or procurement, contact the client company.

For business opportunities with the EBRD (not related to procurement) contact:

Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

For state-sector projects, visit EBRD Procurement:

Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

Specific enquiries can be made using the EBRD Enquiries form.

Environmental and Social Policy (ESP)

The ESP and its associated Environmental and Social Requirements (ESRs) set out the ways in which the EBRD implements its commitment to promoting “environmentally sound and sustainable development”. The ESP and the ESRs include specific provisions for clients to comply with the applicable requirements of national laws on public information and consultation, and to establish a grievance mechanism to receive and facilitate resolution of stakeholders’ concerns and grievances, in particular, about the environmental and social (E&S) performance of the client and the project. Proportionate to the nature and scale of a project’s environmental and social risks and impacts, the EBRD also requires its clients to disclose information, as appropriate, about the risks and impacts of projects or to undertake meaningful consultation with stakeholders and consider and respond to their feedback.

More information on the EBRD’s practices in this regard is set out in the ESP.

Integrity and compliance

The EBRD's Office of the Chief Compliance Officer (OCCO) promotes good governance and ensures that the highest standards of integrity are applied to all of the Bank's activities in accordance with international best practice. Integrity due diligence is conducted on all Bank clients to ensure that projects do not present unacceptable integrity or reputational risks to the Bank. The EBRD believes that identifying and resolving issues in the project assessment and approval stages is the most effective means of ensuring the integrity of Bank transactions. OCCO plays a key role in these protective efforts andhelps to monitor integrity risks in projects post-investment.

OCCO is further responsible for investigating allegations of fraud, corruption and misconduct in EBRD-financed projects. Anyone, either within or outside the Bank, who suspects fraud or corruption should submit a written report to the Chief Compliance Officer by email to compliance@ebrd.com. OCCO will follow-up all matters reported. It will review all matters reported. Reports can be made in any language of the Bank or of the Bank's countries of operation. The information provided must be made in good faith.

Access to Information Policy (AIP)

The AIP, which entered into force on 1 January 2025, sets out how the EBRD discloses information and consults with its stakeholders to promote better awareness and understanding of its strategies, policies and operations. Please visit the Access to Information Policy page to find out what information is available from the EBRD website.

Specific requests for information can be made using the EBRD enquiries form.

Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (for example, through the client’s project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the mechanism is: to support dialogue between project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or the project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate and how to submit a Request for review. Alternatively, contact IPAM by email at ipam@ebrd.com for guidance and more information on IPAM and how to submit a request.

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

Our story

How we deliver systemic impact

What we offer for businesses

Search

Yeni Magazacilik A.S.

Overview

Project timeline

Company Contact Information

Project Description

Project Objectives

Transition Impact

Client Information

EBRD Finance Summary

Total Project Cost

Additionality

Green assessments

Company Contact Information

PSD Last Updated

Understanding transition

Business opportunities

General enquiries

Environmental and Social Policy (ESP)

Integrity and compliance

Access to Information Policy (AIP)

Independent Project Accountability Mechanism (IPAM)

Yeni Magazacilik A.S.

Overview

Company Contact Information

Project Description

Project Objectives

Transition Impact

Client Information

EBRD Finance Summary

Total Project Cost

Additionality

Environmental and Social Summary

Green assessments

Company Contact Information

PSD Last Updated

Understanding transition

Business opportunities

General enquiries

Environmental and Social Policy (ESP)

Integrity and compliance

Access to Information Policy (AIP)

Independent Project Accountability Mechanism (IPAM)