Japanese company invests in Turkish pasta maker

Istanbul, 26 July 2012 – Nissin Food, a leading Japanese food company, has purchased a 50 percent stake in Bellini Gida, a leading Turkish pasta maker and part of Turkey’s Yildiz Holdings. The deal worth over 23 million USD is expected to be completed by October 2012. Nissin intends to target  Turkey’s untouched instant pasta market which is gaining ground with the young in Turkey. Source: Invest in Turkey