Shareholders of Unmaş Unlu Mamuller San. ve Tic. A.Ş. (“Unmaş”) and Doruk Unlu Mamuller San. ve Tic. A.Ş. (“Doruk Unlu Mamuller”) agreed to establish a 50%-50% partnership with Fresh Cake Gıda A.Ş., an Ülker Group company.  Total equity valuation for 100% of the mentioned companies is US$75 million.  The transaction is expected to enhance the growth of Unmaş and Doruk Unlu significantly with the potential synergies.Unmaş has been selling “Uno” branded packaged bread and bakery products to its customers since 1991.  Uno branded product portfolio includes packaged breads, hamburger buns and sandwiches, cakes and a variety of bakery products.  Unmaş, which has a daily production of 800,000 bread, distributes its products to 55 cities in Turkey and is the leader in the packaged bread market.Doruk Unlu Mamuller pioneered the 3rd generation bakery concept in Turkey under Komşufırın and Pan Pan brands, introducing fresh, hygienic and standardized production, as well as new varieties, to the bakery market.  Doruk Unlu Mamuller operates 12 cafe-bakeries in İstanbul and plans to reach its customers at over 300 points in Turkey in the coming 5 years. Doruk Group, which started its operations in 1972 with wheat flour production, currently operates in the areas of flour bakery and seed industries, producing industrial bakery and packaged bread, bread and bakery ingredients and operating 3rd generation bakeries.  Doruk Group companies Marmara Un Sanayi and Doruk Una Değer Katma ranked as 412nd and 478th in the ISO First 500 Largest Companies List in 2006.  Total consolidated group revenues for 2007 was US$350 millon.Standard Ünlü acted as the exclusive financial advisor to Uno and Komşufırın while Hergüner Bilgen Özeke acted as the exclusive legal advisor in this transaction.

Ulker Group, the leading food company of Turkey, has agreed to acquire Godiva Chocolatier (“Godiva”), the leading  premium chocolate and chocolate products company, from Campbell Soup Company (“Campbell”) of the US for $850 million.
As one of the world's leading premium chocolate companies, Godiva has around 450 retail stores and 9,300 sales points in four main regions: North America, Japan, Pacific Region and Europe; and has annual consolidated revenues of around US$500 million.Campbell is a global manufacturer and marketer of high quality foods and simple meals, including soup, baked snacks, vegetable-based beverages, and premium chocolate products, with annual revenues in excess of $7.8 billion.  Founded in 1869, Campbell has a portfolio of market-leading brands, including Campbell’s, Pepperidge Farm, Arnott’s, V8 and Godiva

Standard Unlu (formerly known as Dundas Unlu) is the market leader in corporate finance transactions specializing in cross border mergers and acquisitions, disposals, formation of strategic alliances and joint ventures, and public offers.  In 2007, Standard Bank, the largest bank in South Africa in terms of asset size, acquired around 67% shareholding in Dundas Unlu.  Dundas Unlu continues its operations under the name of Standard Unlu.Standard Unlu acted as the financial advisor to Ulker Group in this transaction.