- CEO
- Serdar Rasit Pirinç
- Sector
- Consumer durables
- Industry
- Home furnishings
- Address
- Kuyucak Turkey
- IPO Date
- Dec 6, 2024
- Business
- Cagdas Cam Sanayi ve Ticaret AS is a Turkey-based industrial glass processing and distribution company specializing in the fabrication, treatment, and commercialization of value-added flat glass solutions for appliance, energy, commercial refrigeration, and agricultural applications. The company operates across several core product and service categories: White Goods and Appliance Glass, which includes flat and curved tempered glass, enameled glass, and decorative screen-printed glass components for built-in ovens, cooktops, range hoods, and domestic refrigerators; Solar and Renewable Energy Glass, which comprises anti-reflective coated, high-transmittance patterned tempered glass for photovoltaic modules, solar thermal collectors, and solar mirrors; Commercial Refrigeration and Greenhouse Glass, supplying multi-pane insulated glass assemblies for supermarket display cabinets and beverage coolers, as well as light-diffusing glass for agricultural greenhouses; Architectural and Specialty Glass, encompassing laminated safety glass, double and triple insulated glass units, mirrors, and coated Low-E glass; and Glass Processing and Trading Services, providing industrial cutting, CNC edging, drilling, silk-screen printing, tempering, laminating, and wholesale distribution of clear, tinted, and coated float glass. The company delivers its products to original equipment manufacturers, industrial fabricators, and commercial distributors across Turkey and international markets spanning Europe, the Americas, Asia, and Africa. Founded in 1975 and headquartered in Kuyucak, Aydin, Turkey, Cagdas Cam conducts its manufacturing operations across modern production facilities located in Kuyucak, Nazilli, and the Manisa Organized Industrial Zone. In recent corporate developments, the company completed its initial public offering on Borsa Istanbul under the ticker symbol CGCAM in December 2024, raising 840 million Turkish Lira to support production capacity growth and technological modernization. The company is completing a major capital expansion at its Manisa facility to scale annual solar glass production capacity from 5 million square meters to 14 million square meters, establishing domestic manufacturing capabilities for 1.6-millimeter ultra-thin solar glass. In addition, in September 2026, the company launched a 12-month share buyback program with an allocated budget of 84 million Turkish Lira for up to 6 million shares to optimize capital allocation and market stability.