CTS Demir Celik Ic ve Dis Ticaret Muhendislik Makina Sanayii Ltd. Sti. agreed to acquire 84.98% stake in Asmas Agir Sanayi Makinalari A.S. from Soda Sanayii AS (IBSE:SODA) for TRY 27.2 million in cash on May 10, 2014. CTS Demir submitted the highest bid for Asmas Agir Sanayi Makinalari A.S. The sales contract and other necessary arrangements are being made.

CTS Demir Celik Ic ve Dis Ticaret Muhendislik Makina Sanayii Ltd. Sti. completed the acquisition of 84.98% srake in Asmas Agir Sanayi Makinalari A.S. from Soda Sanayii AS (IBSE:SODA) on July 15, 2014.