• Vaden in the press
• 30 Sep 2025

Vaden Otomotiv Successfully Completes 100 Million TL Sukuk Issuance

Vaden Otomotiv, one of the well-established players in the heavy-duty aftermarket industry, has been growing under the VADEN ORIGINAL brand since 1968. Today, with more than 1,500 employees and exports to over 100 countries, the company stands out, ranking 365th in the TİM 1000, 401st in the ISO 500, and 85th in the R&D 500.

First step into the capital markets

Taking its first step into the capital markets before the public offering, Vaden Otomotiv successfully completed its 100 million TL sukuk (lease certificate) issuance on September 18, 2025, through the Asset Leasing Company of Albaraka Türk. Company officials state that this move strengthens the firm's strategy for accessing alternative financing channels and its sustainable growth vision.

Vaden Otomotiv Chairman of the Board, Seyit Acar, said, “This step we have taken into the capital markets before the public offering increases our financial flexibility and represents an important milestone in achieving our long-term growth objectives.”