Lydia Holding A.Ş., headquartered in Istanbul, celebrated a noteworthy year in 2024, showcasing extensive corporate evolution and strategic advancement. This transformation was achieved through remarkable restructuring and effective financial strategies, as detailed in its annual report. Lydia Holding emerged as a major player in the Turkish economy with innovative investments across multiple sectors, from energy to real estate.

🌍 A Complete Rebranding and Structure Revamp

Lydia Holding's origins date back to 1980, originally known as Milpa Ticari ve Sınai Ürünler Pazarlama Sanayi ve Ticaret A.Ş., and has since experienced several evolutions. In 2024, a significant rebranding initiative was undertaken, reintroducing the entity as Lydia Holding A.Ş. An extraordinary milestone was achieved during the general assembly on July 23, 2024, where it transitioned into a holding company with expansive operational capabilities. By adopting this new identity, Lydia Holding aims to enhance its influence and diversify its activities across an array of industries.

Forging Partnerships and Strategic Expansion

Lydia Holding garnered significant attention with its extensive strategic growth campaigns, differentiating its financial landscape through crucial acquisitions and mergers. The acquisition of Tetamat Gıda Yatırımları A.Ş. and Ufuk Yatırım Yönetim ve Gayrimenkul A.Ş. substantially modified the corporate scene. By integrating Tetamat Gıda with MYK2 Enerji, Lydia Yeşil Enerji Kaynakları A.Ş. emerged, signifying a new venture in the realm of renewable energy. These curated strategies bolstered Lydia Holding's market dominance, setting a strong foundation for future energy innovations.

🌱 Steps Forward in Energy and Real Estate

Lydia Holding's focus on renewable energy and real estate is designed to drive Turkey's advancement in these crucial areas. Through strategic investments, the company plans to significantly augment Turkey’s renewable energy infrastructure. These sectors are key to Lydia Holding's expansion strategies, positioning them as frontrunners in meeting modern energy demands and advancing real estate development.

📊 Financial Strength and Risk Management

Lydia Holding reported a consolidated asset total of 2.9 billion TL in 2024, indicating a strong financial foundation. By enhancing its equity and reducing dependency on bank loans, the company demonstrated effective financial stewardship. Key to its strategy is sound risk management, ensuring steady and sustainable growth.

Envisioning a Bright Future

Lydia Holding's future path is oriented towards sustainability and corporate progression. Under the leadership of Chairman Enver Çevik, the ambition remains to create substantial value for investors and partners. The year 2024 was crucial, marked by profound changes and growth. With improved corporate governance, Lydia Holding has made strides through enhanced management processes and dedicated audit and risk management committees.

Lydia Holding's future looks promising with plans to continue fortifying the Turkish economy through its expansion strategies and steadfast commitment to sustainability. Anticipated growth plans for 2025 signify a brighter future, indicating a powerful trajectory ahead for Lydia Holding.

Who is Enver Çevik?

Enver Çevik began his commercial career in Istanbul at a young age and entered Turkey’s emerging capital markets as an investor in the early 1990s. While maintaining his business ventures, he simultaneously enhanced his investment knowledge and experience in the capital markets. Over time, he combined his commercial expertise with his capital market investment experience, diversifying his investments across various industries.

Currently, Enver Çevik serves as Chairman of the Board for several companies, including:

Lydia Holding A.Ş.

Lydia Yeşil Enerji Kaynakları A.Ş.

Ufuk Yatırım Yönetim ve Gayrimenkul A.Ş.

EC Gayrimenkul Yatırımları A.Ş.

Lydia Yatırım Holding A.Ş.

Bulls Havacılık A.Ş.

Lydia Enerji Elektrik A.Ş.

As the Chairman of Lydia Yatırım Holding, Enver Çevik holds 95.10% of the company’s paid-in capital. Lydia Yatırım Holding is a shareholder in Bulls Yatırım Holding, EC Gayrimenkul Yatırımları, Bulls Havacılık, and Lydia Enerji Elektrik. Bulls Yatırım Holding, which is publicly traded on Borsa Istanbul, also owns stakes in Bulls GSYO, Selçuk Gıda Endüstri İhracat İthalat A.Ş., and Dünya Yatırım Holding (Dünya Gazetesi). Additionally, Bulls Yatırım Holding has applied to the Capital Markets Board (SPK) to acquire a majority stake in Bulls Yatırım Menkul Değerler. Furthermore, Lydia Yatırım Holding has investments in publicly traded companies such as Link Bilgisayar and 1000 Yatırımlar Holding.

About Lydia Holding

Lydia Holding A.Ş. (formerly Milpa Ticari ve Sınai Ürünler Pazarlama Sanayi ve Ticaret A.Ş.) was established in 1980 as a marketing company and has been publicly traded on Borsa Istanbul since 1994. In July 2024, the company changed its name to Lydia Holding A.Ş., officially becoming a holding company. The company’s shareholder structure was revised in January 2024. Enver Çevik is the majority shareholder, holding 63.32% of the company's 208,000,000 TL paid-in capital.

Beyond its own operations, Lydia Holding also has two publicly traded subsidiaries on Borsa Istanbul:

Lydia Yeşil Enerji Kaynakları A.Ş. (64.89% ownership)

Ufuk Yatırım Yönetim ve Gayrimenkul A.Ş. (60.17% ownership)