A 125 million lira purchase step from Kalekim

Lastly, Kalekim, which made an additional line investment of 23 million TL in its factory in Mardin, bought 75 percent of Lyksor Kimya A.Ş. for 125 million liras.

Operating in the field of construction chemicals and concrete technologies, Lyksor Kimya continues its production activities in its two factories in İzmir and Diyarbakır. Founded in 2016, the company makes 13 percent of its sales to foreign markets.

Regarding sales, Kale Holding CFO Haluk Alperat said, "Our journey started in 1973 with the production of ceramic adhesives in a single factory. It continues unabated in nine different factories; two in Balikesir, Istanbul, Yozgat, Isparta, Mersin, Erzurum, Mardin, and Tirana, the capital of Albania.

Today, Lyksor Kimya A.Ş., which will add strength to our production power. We are adding Izmir and Diyarbakir to our production network," he said.

Kalekim General Manager Timur Karaoğlu said, "Lyksor Kimya A.Ş., which produces the raw materials it needs, has a very important place in the sector with this feature. Lyksor Kimya, with its wide product range and production power, will strengthen our hand, especially in the Turkish construction materials market".

In 2021, it achieved sales of 210 million TL

According to the statement made by Kalekim, Lyksor Kimya A.Ş. carries out its production in two factories with a closed area of ​​3,600 square meters in Izmir Kemalpaşa and an indoor area of ​​800 square meters in Diyarbakır. The company, which has an annual production capacity of 10,000 tons of concrete additives, 10,000 polymers, 10,200 tons of water reducer, consistency protector, setting time retarder and accelerator, 4,150 tons of calcium nitrate and nitrite, 13 percent of its sales are made by Georgia, Kosovo, It carries out to Ukraine, Kazakhstan, Iran, Iraq, Algeria, Morocco and West African countries.

Lyksor Kimya A.Ş. achieved a net sales figure of approximately 100 million TL in 2020 and approximately 210 million TL in 2021.