US private equity firm buys stake in Turkish menswear maker

Istanbul, 20 July 2012 - Investcorp, the New York based private equity company, has signed an agreement to buy a minority stake in the Orka Group, a leading Turkish menswear maker. Founded in 1986 the Orka Group is known in Turkey for its men’s fashion brands Tween, Damat and DS Damat. Investcorp is known for its ownership of luxury brands such as Gucci, Tiffany & Co and Saks Fifth Avenue. Source: Invest inTurkey


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