Sarens Makzume JV opens door to Black Sea growth24 May 2018
Sarens has formed a joint venture with Turkish group of shipping, marine and logistic services companies Makzume, to expand its operations in Turkey and neighbouring countries
“Turkey has developed as the hub of the extended regions including Black sea countries, Caucasus, some of Central Asian countries, and East Mediterranean/North Middle East countries,” said Sarens. The company decided to tap into this market through the joint venture, as it anticipates growth in the coming years in the energy and communication market.
The JV will make cranes, SPMTs, and barges available for clients for rent as well as special projects. The markets served include Romania, Turkey, Georgia, Armenia, Azerbaijan, Turkmenistan, Uzbekistan, Syria, Lebanon, and Libya.
Executive board member of Makzume, Selim Makzume said: “This venture will bring to our group a missing link for providing heavy lifting and specialized transport solutions to the industrial project industry in the region. We see in Sarens the same values we have inherited from our family and carried on today by us and our colleagues”.
“The JV will bring-in an experienced group to our region, at a time when the region’s energy and communication infrastructure is developing rapidly, mainly the nuclear power sector. We are convinced that our local knowledge, professionalism, and experience in shipping, marine, and logistics, combined with the know-how and excellence of Sarens will bring quality services to the market.”