Kalekim applies SPK for IPO


Construction chemicals company Kalekim has applied the Capital Markets Board of Turkey (SPK) for offering circular approval within the scope of initial public offering (IPO) of shares, according to the company’s statement.

“We have started this journey to share with investors the value we achieved as a result of nearly 50 years of experience,” said Timur Karaoglu, General Manager of Kalekim.

Started activities with ceramic adhesives, grouts and joint fillers production in 1973 under the umbrella of Kale Group, Kalekim AS manufactures wide range of products from waterproofing and thermal insulation used in the construction industry to decorative plasters and paints, from floor solutions to any kind of construction chemicals.

The company manufactures in nine production facilities located in Istanbul, Balikesir, Yozgat, Isparta, Mersin, Erzurum and Mardin provinces in Turkey as well as in Albania’s capital Tirana.

Underlining their export potential, “We bring our products to consumers and professionals not only in Turkey but also in over 80 countries with our strong distribution network,” said Karaoglu.

Kalekim products are manufactured in accordance with International Organization for Standardization’s (ISO 9001) Quality Management System, Turkish Standards Institution (TSE) and European Standards.

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