Ülker is a Turkish multinational food and beverage manufacturer based in

Istanbul ) , postal_code_type = Postal code , postal_code = 34000 to 34990 , area_code = +90 212 (European side) +90 216 (Asian side) , registration_plate = 34 , blank_name_sec2 = GeoTLD , blank_i ...

, Turkey. Its products are exported internationally, to 110 countries. Ülker's core products are biscuits, cookies, crackers, and chocolates, although it has expanded to other categories. Ülker received the "Candy Company of the Year in Europe" award from the European Candy Kettle Club in 2004. In December 2007, the company acquired

Godiva Chocolatier Godiva Chocolatier (; ) is a Belgian-based international chocolate maker which is owned by Turkish conglomerate Yıldız Holding Founded in 1926, it was purchased by Turkish Yıldız Holding in November 2007. In 2019, South Korean private equity ...

from the

Campbell Soup Company Campbell Soup Company, trade name, doing business as Campbell's, is an American processed food and snack company. The company is most closely associated with its flagship canned soup products; however, through mergers and acquisitions, it has gro ...

for $850 million. In 2016, Yıldız Holding transferred 51% of Ülker's shares to its new global business

Pladis Pladis Global (styled as pladis) is a British confectionery and snack foods company encompassing United Biscuits, Ülker, Godiva Chocolatier and DeMet’s Candy Company. It was formed in January 2016 as a subsidiary of Yıldız Holding with its ...

History

Ülker was founded in 1944 by Sabri and Asim Ülker, two brothers whose parents immigrated to Turkey from

Crimea Crimea, crh, Къырым, Qırım, grc, Κιμμερία / Ταυρική, translit=Kimmería / Taurikḗ ( ) is a peninsula in Ukraine, on the northern coast of the Black Sea, that has been occupied by Russia since 2014. It has a p ...

, commencing operations in

as a small bakery. A factory was opened in 1948. Ülker expanded in the 1970s to exporting to the

Middle East The Middle East ( ar, الشرق الأوسط, ISO 233: ) is a geopolitical region commonly encompassing Arabian Peninsula, Arabia (including the Arabian Peninsula and Bahrain), Anatolia, Asia Minor (Asian part of Turkey except Hatay Pro ...

market, chocolate manufacturing, and packaging. By the end of the 20th century, Ülker was manufacturing margarine, vegetable oil, and dairy products. In 2002, Ülker diversified into carbonated beverages and in 2003 added

Turkish coffee Turkish coffee is a style of coffee prepared in a '' cezve'' using very finely ground coffee beans without filtering. Preparation Turkish coffee is very finely ground coffee brewed by boiling. Any coffee bean may be used; arabica varieties are ...

, ice cream, and baby food to its product range. One of its more important products is Cola Turka, introduced into the Turkish market in 2003. The advertisement of Cola Turka featured actor

Chevy Chase Cornelius Crane "Chevy" Chase (; born October 8, 1943) is an American comedian, actor and writer. He became a key cast member in the first season of '' Saturday Night Live'', where his recurring ''Weekend Update'' segment became a staple of the ...

, and according to local sources

Coca-Cola Coca-Cola, or Coke, is a carbonated soft drink manufactured by the Coca-Cola Company. Originally marketed as a temperance bar, temperance drink and intended as a patent medicine, it was invented in the late 19th century by John Stith Pembe ...

cut 10% off its prices due to the success of the Cola Turka launch. Parent company Yıldız Holding employed more than 41,000 people and was the fifth on the list of the most successful manufacturers in

Turkey Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a small portion on the Balkan Peninsula ...

in 2001. Ülker sales reach $1.5 billion internationally. Fulya Banu Sürücü has been appointed as the CFO of the company, effective from January 3, 2022.

References

External links

Official website

Moody's rating raised
{{DEFAULTSORT:Ulker Food and drink companies of Turkey Companies based in Istanbul Turkish brands Companies listed on the Istanbul Stock Exchange Yıldız Holding Food and drink companies established in 1944 Turkish companies established in 1944 Confectionery companies Chocolate companies Dairy products companies

History

See also

References

External links