Beycelik Holding

What Beycelik Holding does

Beycelik Holding A.Ş. is a privately held Turkish industrial conglomerate headquartered in Bursa, founded in 1976 by Faik Çelik, operating 26 companies and 5,000+ employees across five sectors: automotive components, renewable energy, climate control (heating), scrap metal recycling, and insurance brokerage. Its largest businesses are joint ventures with Spanish partners: Beycelik Gestamp (with Gestamp Automocion, since 2007) and Çelikform Gestamp produce tooling, hot- and cold-stamped sheet metal components, chassis parts, and assemblies for global OEMs including Tofaş, Ford, and Turkey's domestic EV brand TOGG, operating 284,770 m² of production with 350+ robots across facilities in Bursa, Kocaeli, and Romania. The renewable energy vertical combines Gesbey (with Gestamp Wind Steel) wind turbine tower manufacturing at 430 units/year to 17 export countries, and Bewen Enerji (with Elawan) operating 208.9 MW of wind and hybrid solar generation across Turguttepe, Yahyalı, and Adares. The diversified portfolio also includes Warmhaus (panel radiators and combi boilers, top-3 in Turkey and top-5 globally, exporting to 40+ countries), Gescrap Turkey (metal scrap recycling, established December 2023 with Gescrap Desarrollu SLU), and Beycelik Sigorta (insurance brokerage representing 11+ insurers).

Beycelik monetizes through B2B direct sales of automotive components and wind towers to OEMs and developers, hardware sales of radiators and boilers through distributors and dealers (including a UK warehouse), grid electricity sales under generation licenses, transaction-fee revenue from scrap recycling and insurance brokerage, and licensed/certified manufacturing capacity. The group is family-controlled, with founder Faik Çelik as Chairman and his son Baran Çelik as CEO, and has been progressively professionalizing its leadership with a new CFO (effective February 2026) and a Human, Technology and Innovation Director (effective April 2025). Strategic positioning emphasizes vertical integration in automotive (from mold design to assembly), renewable energy and circular-economy buildout, and Turkey-based manufacturing with global export reach, supported by ISO 9001, ISO 14001, and TS-16949 certifications and annual sustainability reports published since 2021.

Name

Beycelik Holding

Legal name

Beyçelik Holding A.Ş.

Website

https://beycelik.com.tr

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Beycelik Holding is a privately held Turkish industrial conglomerate operating 26 companies and 5,000+ employees across automotive components (Beycelik Gestamp), renewable energy (Bewen Enerji, Gesbey), climate control (Warmhaus), scrap metal recycling (Gescrap Turkey), and insurance brokerage (Beycelik Sigorta). Revenue comes from B2B sales to global OEMs, grid electricity generation, and exports to 40+ countries.

Ownership category

akta.pro rank

Product category

Diversified Industrial Manufacturing

NAICS

Management of Companies and Enterprises (551)

SIC

Sheet Metal Work (3444)

akta.pro primary industry

Wind Turbine OEM Manufacturing (Nacelles, Drivetrains, Generators) (EUAMAHAD)

Keywords

• Automotive metal stamping
• Wind turbine manufacturing
• Renewable energy generation
• Heating equipment manufacturing
• Industrial scrap recycling

Headquarters

HQ city

Istanbul

Offices16 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Automotive Components Manufacturing: Beycelik Gestamp and Çelikform Gestamp manufacture molds, equipment, and automotive components (pressed and welded sheet metal parts) for global automotive OEMs. Revenue is generated through direct B2B contracts with automotive manufacturers. Beycelik Gestamp achieved Tofaş and Ford 'best sub-industry provider' recognition.
2. Renewable Energy Generation and Sales: Bewen Enerji generates and sells electricity to the grid from wind farms (Turguttepe RES, Yahyalı RES, Adares RES) and solar power plants. Total installed mechanical capacity of 208.9 MW. Energy is sold under long-term power purchase agreements or merchant exposure.
3. Climate Control Products: Warmhaus manufactures and sells panel radiators, combi boilers, water heaters, and wall-hung condensing boilers. Products are sold through distributors, dealers, and retail channels in Turkey and exported to 40+ countries. Production capacity of 3.6 million linear meters of panel radiators and 150,000 units of combi boilers annually.
4. Metal Scrap Recycling Services: Gescrap Turkey purchases metal and non-metal scrap from industrial companies, separates and processes materials for recycling. Revenue is generated through service fees for comprehensive waste management, particularly for large automotive companies.
5. Insurance Brokerage: Beycelik Sigorta provides corporate and individual insurance brokerage services across health, property, vehicle, special risks, liability, commercial risk, transport, engineering, and credit insurance branches. Acts as intermediary representing multiple insurance companies (Anadolu Sigorta, Ak Sigorta, Allianz, Axa, Bupa Acıbadem, Türkiye Sigorta, Sompo, Eureko, Ray, GIG, HDI).
6. Wind Turbine Tower Manufacturing: Gesbey manufactures wind turbine towers for domestic and international markets. Annual production capacity of 430 units. Exports to 17 countries. Manufactured 95 different tower types ranging from 1.6 MW to 4.5 MW capacity.

Go-to-market motion1 record

Distribution channels7 records

Marketing channels8 records

Core offering

Beycelik Holding is a diversified Turkish industrial conglomerate operating across five sectors: automotive metal components (sheet metal stamping, hot stamping, chassis parts, and assemblies through Beycelik Gestamp and Çelikform Gestamp for OEMs such as Tofaş, Ford, and TOGG); renewable energy generation and wind turbine tower manufacturing (Bewen Enerji and Gesbey, with 208.9 MW installed capacity and 430 tower/year capacity); climate control products (Warmhaus panel radiators, combi boilers, water heaters, and condensing boilers exported to 40+ countries); scrap metal recycling (Gescrap Turkey); and insurance brokerage services (Beycelik Sigorta) representing multiple underwriters.

Product overview

Beycelik Holding operates as a diversified industrial group with a portfolio of distinct brands spanning automotive components (Beyçelik Gestamp and Çelikform Gestamp for metal stamping and components), renewable energy (Bewen Enerji for wind/solar power generation and Gesbey for wind turbine tower manufacturing), climate control (Warmhaus for heating and air conditioning products), scrap metal recycling (Gescrap Turkey), and insurance services (Beyçelik Sigorta). The company manages 26 subsidiaries with over 5,000 employees across Turkey and Romania.

Differentiator

Problem solved

Functional benefit

Products and services

• Beycelik Gestamp Automotive metal components supplier specializing in mold and equipment design, hot and cold sheet metal stamping, chassis components, robotic welding (MIG/MAG), cathodic dip painting, and assembly. Operates facilities in Bursa, Kocaeli (Turkey) and Pitești (Romania) totaling 284,770 m² with 350+ robots. Serves global OEMs including Tofaş, Ford, and TOGG, and holds Turkey's first hot stamping factory (Bursa Demirtaş, 2011) and the country's first R&D center certification in sheet metal stamping and molding.
• Çelikform Gestamp Automotive supplier providing standard and high-strength sheet metal and aluminum forming, profile drawing, multi-axis forming, and robotic welding and assembly services. Operates 12,000 m² in Bursa Organized Industrial Zone and 12,000 m² at TEKNOSAB. Holds ISO 9001, ISO 14001, and TS-16949 certifications.
• Bewen Enerji Independent power producer generating and selling electricity to the Turkish grid from wind farms (Turguttepe RES in Muğla, Yahyalı RES in Kayseri, Adares RES in İzmir) and a hybrid solar power plant. Total installed mechanical capacity of 208.9 MW across operating subsidiaries BAK Enerji, SABAŞ Elektrik, and YGT Elektrik. Yahyalı RES integrates a 71.4168 MW auxiliary solar plant with wind turbines as a hybrid system.
• Gesbey Wind Turbine Towers Wind turbine tower manufacturer operating two factories (Gesbey I and Gesbey II) in Bandırma Organized Industrial Zone, Balıkesir, with annual production capacity of 430 towers. Has manufactured 95 different tower types ranging from 1.6 MW to 4.5 MW power and 76 m to 120 m length. Exports to 17 countries. In-house tower design capability through dedicated R&D Center, one of the rare manufacturers in Turkey and globally capable of designing wind turbine towers in-house.
• Warmhaus Climate Control Products Manufacturer of steel panel radiators, combi boilers, water heaters, and wall-hung condensing boilers for residential and commercial heating. Annual production capacity of 3,600,000 linear meters of panel radiators and 150,000 units of combi boilers. One of Turkey's top 3 and world's top 5 panel radiator producers by capacity. Distributed through dealers and distributors in Turkey and exported to 40+ countries, with a 3,000 m² UK warehouse and sales office in Bedford established in 2017.
• Gescrap Turkey Scrap Recycling Services Industrial waste management and metal/non-metal scrap recycling service. Purchases scrap from industrial companies, particularly large automotive manufacturers, separates and processes materials for sustainable recycling. Comprehensive waste management for industrial customers in Turkey.
• Beycelik Sigorta Insurance Brokerage Licensed insurance brokerage providing corporate and individual insurance products across health, property, vehicle, special risks, liability, commercial risk, transport, engineering, and credit insurance branches. Represents multiple underwriters including Anadolu Sigorta, Ak Sigorta, Allianz, Axa, Bupa Acıbadem, Türkiye Sigorta, Sompo, Eureko, Ray, GIG, and HDI.

Quantifiable outcome

• 5 hot stamping lines with robot automation producing high-strength sheet metal parts for lighter, safer vehicles with reduced carbon emissions
• +4 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core, general and minor.

• Gescrap Desarrollu SLU (Spain)coreStrategic or Co-development Partner · 1 December 2023Gescrap Turkey operates as a joint venture between Beycelik Holding A.Ş. and Gescrap Desarrollu SLU, a Spanish multinational scrap recycling company. Gescrap Group, established in 1994, operates in Iberian Peninsula, Europe, America, Asia, and Africa. The partnership enables comprehensive metal and non-metal scrap recycling and waste management services for industrial companies in Turkey.
• Gestamp Wind Steel (Spain)coreStrategic or Co-development Partner · 1 January 2010Gesbey Enerji Türbini Kule Üretim Sanayi ve Ticaret A.Ş. was established in 2010 as a joint venture between Beycelik Holding and Spanish Gestamp Wind Steel. The partnership focuses on wind turbine tower manufacturing. Gesbey operates two factories in Bandırma Organized Industrial Zone with annual capacity of 430 towers.
• Gestamp Automocion (Spain)coreStrategic or Co-development Partner · 1 January 2007Beycelik Gestamp A.Ş. was established in 2007 as a joint venture between Beycelik and Gestamp Automocion, a leading Spanish automotive metal sector company. The partnership combines Beycelik's local manufacturing expertise with Gestamp's global automotive technology and product development capabilities. Beycelik Gestamp designs, develops, and manufactures molds, equipment, and automotive components for global OEMs. The partnership has expanded internationally with a Romania manufacturing facility.
• Elawan Energy S.R.L. (Spain)coreStrategic or Co-development Partner · 1 January 2007Bewen Enerji A.Ş. was established as a joint venture between Beycelik Holding and Spanish-based Elawan Energy S.R.L. The name 'Bewen' combines the initials of Beyçelik, Elawan, and Wind Energy. The partnership develops and operates wind and solar power plants in Turkey. Elawan contributes international renewable energy expertise and technology.
• Multiple Insurance CompaniesgeneralChannel Partner/ Reseller/ Distributor · 1 January 2007Beycelik Sigorta represents multiple insurance companies as a licensed insurance broker: Anadolu Sigorta, Ak Sigorta, Allianz Sigorta, Axa Sigorta, Bupa Acıbadem Sigorta, Türkiye Sigorta, Ray Sigorta, Sompo Sigorta, Eureko Sigorta, GIG Sigorta, HDI Sigorta. This allows Beycelik Sigorta to offer diverse insurance products to corporate and individual clients.
• Emarc (Italy)minorStrategic or Co-development Partner · 1 January 1998Emarc-Çelik was established in 1998 as a joint venture with Italian Emarc Company. This was Beycelik's first international partnership in the automotive sub-industry, predating the Gestamp partnership.

Scale indicators15 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Vestas Wind Systems: World's largest wind turbine OEM and a key supplier to Bewen Enerji (12 Vestas V90, 25 Vestas V126, and 2 Vestas V150 turbines installed across Beycelik sites). Adjacent ecosystem participant for both Gesbey (tower customer) and Bewen (turbine customer).
• Borusan Holding: Large Turkish diversified conglomerate with automotive, energy, and industrial operations. Comparable as a diversified Turkish industrial group with multi-sector exposure and international partnerships.
• Sabancı Holding: One of Turkey's largest publicly listed conglomerates spanning automotive, energy, industrials, and finance. Provides a benchmark for diversified Turkish industrial group valuation and capital structure.
• ENKA Group: Turkish conglomerate with construction, energy generation, and industrial operations. Comparable multi-sector footprint and Turkish energy generation exposure similar to Bewen Enerji.

Direct peers

• CS Wind: World's largest wind turbine tower manufacturer, supplying onshore and offshore towers globally. Directly comparable to Gesbey's 430-unit annual tower manufacturing capacity and multi-country export footprint.
• Vaillant Group: European heating technology manufacturer producing boilers, heat pumps, and climate control systems. Comparable to Warmhaus's combi boiler, water heater, and wall-hung condensing boiler product lines and European distribution footprint.
• Gestamp Automocion: Spanish global leader in automotive metal components and assemblies. Beycelik Gestamp is a JV partner (since 2007) sharing technology, customer base, and product categories (hot stamping, chassis, body-in-white), making Gestamp the most directly comparable peer.
• Schnitzer Steel Industries: US-based scrap metal recycler and processor serving industrial and automotive customers. Comparable business model to Gescrap Turkey's industrial scrap purchasing, separation, and recycling services.
• Purmo Group: European manufacturer of panel radiators and indoor climate products, including the Henrad brand. Most directly comparable peer to Warmhaus, which is a top 5 global panel radiator producer by capacity.
• Coskunöz Holding: Turkish industrial group with automotive metal forming, stamping, tooling, and assembly operations serving global OEMs. Operates in the same automotive metal-stamping niche as Beycelik Gestamp with similar Tier-1 customer profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/bey-elik-holding
• Xx.com/beycelikholding

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Beycelik Holding