Dardanel Onentas Gida Sanayi A.S. (IBSE:DARDL) agreed to acquire G. Kallimanis S.A from various banks for €6 million on May 27, 2021. The initial step will be the signing of the receivables transfer agreement, which provides the transfer of the company's debts of approximately €62.3 million to the relevant financial institutions, together with their guarantees, by payment of a total of €6 million. Following this, they will apply to the Greek courts to transfer the commercial and industrial assets of G. Kallimanis and transactions will be carried out on behalf of the Turkish company through their presence in Greece, Dardanel Greece SA.

The transaction is subject to regulatory, court and financial processes. As of May 31, 2021, Dardanel has completed nearly all necessary regulatory and financial processes to acquire Greek seafood giant G. Kallimanis SA, the former informed Turkey's Public Disclosure Platform (KAP).