- Business
- Haci Ömer Sabanci Holding A.S. (SAHOL.IS) is Turkey's leading investment holding company, engaged in a wide variety of business activities through its subsidiaries and affiliates, primarily in banking, financial services, energy and climate technologies, material technologies, mobility solutions, and digital sectors; it offers banking services through Akbank, life, non-life, and health insurance as well as pension plans via Ageas Federal and Aksigorta, electricity generation and distribution with 3,813 MW installed capacity across hydroelectric, wind, natural gas, solar, and lignite sources through Enerjisa, tire reinforcement and tires under Brisa and Kordsa brands, commercial vehicles and buses via Temsa, cement and building materials including gray cement, white cement, and calcium aluminate cement through Çimsa and Akçansa, retail food distribution via CarrefourSA, consumer electronics through Teknosa, and digital services encompassing cybersecurity (Radiflow), digital marketing (Opportune), cloud services (Bulutistan), and technology platforms; the company operates in 17 countries with over 60,000 employees and multinational partners including E.ON, Bridgestone, Heidelberg Materials, Ageas, Carrefour, and Skoda.
Founded in 1967 and headquartered in Istanbul, Turkey, Sabanci Holding coordinates finance, strategy, business development, legal, human capital, and sustainability functions across its group companies while targeting net zero emissions and net zero waste by 2050; its segments include Banking, Financial Services, Energy, Industry, Building Materials, Digital, and Others, serving corporate, retail, and industrial customers globally with a focus on sustainable growth platforms such as renewables, advanced materials, and digital transformation.
In recent developments, the company restructured its strategic business units in 2023, merging Construction Materials and Industry into Material Technologies (encompassing Akçansa, Çimsa, Kordsa) and Mobility Solutions (Brisa, Temsa, Skoda Transportation); Çimsa completed its largest overseas acquisition in October 2024, purchasing 94.7% of Ireland-based Mannok Holdings for EUR253.5 million to expand in sustainable building materials and access the UK market; it increased its stake in Bulutistan to 75.5% to bolster cloud services, invested in U.S. renewables including the 232 MW Oriana Solar project with 60 MW storage and Cutlass II Solar (272 MW), and plans to grow Enerjisa Üretim's capacity to over 5,000 MW by 2026 with 60% renewables; Sabancı Climate Ventures expanded to 13 investments in fusion (Tokamak Energy), deep geothermal, hydrogen, and other climate tech startups, while outlining a 2024-2029 triple growth formula targeting $20 billion net asset value by doubling non-banking capex to 15-20% of revenues and raising FX revenue above 30%.