- CEO
- Recai Kesimal
- Full Time Employees
- 560
- Sector
- Retail trade
- Industry
- Food retail
- Address
- Ankara Turkey
- IPO Date
- Nov 12, 2021
- Business
- Gimat Magazacilik Insaat Sanayi ve Ticaret A.S. is a Turkey-based retail and wholesale enterprise primarily engaged in the operation of large-format gross supermarkets and discount hypermarkets, as well as supporting real estate, logistics, and construction operations. Founded in 2014 and headquartered in Ankara, Turkey, the company operates retail locations under the Gimat Gross format, catering to individual consumers, households, corporate clients, local grocers, catering firms, and food service businesses.
The company's core product and service offerings comprise fresh fruits and vegetables; fresh red meat, poultry, seafood, and delicatessen items; dairy products, cheeses, and milk; basic food staples, pulses, grains, flour, sugar, and bakery goods; packaged foods, canned goods, cooking oils, sauces, and seasonings; confectionery, snacks, biscuits, breakfast products, and non-alcoholic beverages; baby food, infant nutrition, and baby care essentials; personal care, hygiene products, and cosmetics; household cleaning detergents, sanitizers, dishwashing products, and paper goods; plastics, disposables, kitchenware, and general household items; wholesale bulk commodity distribution; and cold-chain storage, logistics, warehousing, and commercial real estate management.
Operating primarily throughout Ankara and the Central Anatolia region of Turkey, the company has expanded its multi-channel retail footprint and operational infrastructure. In recent developments, Gimat Magazacilik Insaat Sanayi ve Ticaret A.S. has advanced strategic growth initiatives including the rollout of new gross-format supermarket branches to increase market coverage, the expansion of its central distribution and cold-storage facilities, and substantial capital expenditures in renewable energy through the development of solar power plant (SPP/GES) installations to offset the energy consumption of its retail network and cold storage units. The company has also deepened direct sourcing agreements with agricultural cooperatives and industrial food producers to streamline procurement and maintain pricing competitiveness across its wholesale and retail operations.