70% of EspressoLab was sold to UAE-based Mair Group. Approval from regulatory authorities in Türkiye and the UAE is awaited for the completion of the sale.
Mair Group announced the deal on September 23 with a disclosure to the Abu Dhabi Stock Exchange, and the purchase price was not disclosed. EspressoLab's founder Esat Kocadağ said the agreement is a significant step in international growth.