Gulf Cryo purchases Yalız Gaz


With its latest purchase of Yalız Gaz, the Kuwait-based energy firm Gulf Cryo continues to invest in Turkey. The company first purchased Deniz Gaz, one of the most important players in industrial gas, in 2014. The acquisition of Yalız Gaz along with its affiliates will add a steady production and distribution network in Turkey's Marmara region and more than 48 years of experience and expertise to Gulf Cryo's portfolio. The company, which has invested more than $30 million in Turkey over the last two years, is also planning to invest approximately $50 million over the next three years as well.

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