What Selcuklu Holding does

Selcuklu Holding is a privately held Turkish diversified industrial conglomerate, established in 1997 and headquartered in Sancaktepe, Istanbul. The group encompasses nine wholly-owned subsidiaries operating across five sectors: pharmaceuticals (İLKO Pharmaceuticals, İlkogen biotech, İLKOPOL, Wellcare consumer healthcare), aluminum production (Almesan), packaging and printing (Sentez Group), kitchenware (Mehtap), and real estate and construction (Selin İnşaat). The holding is family-controlled by the Öncel family, with founder Mustafa Öncel's pharmaceutical heritage dating to 1956. Total operations span 185,600 m² of production facilities, employ 1,792 people, and reach 64 export countries.

The group's core technology portfolio includes Turkey's largest pharmaceutical production facility in Anatolia (Konya) with 120 million boxes annual capacity and 184 products spanning 90 molecules; twin band casting technology for 4xxx, 5xxx, and 6xxx aluminum alloys (Almesan is the exclusive Turkish producer); ECO2ALL sustainable materials verified by Bureau Veritas Türkiye; Turkey's first biotechnology R&D center at Teknopark Istanbul; and a rare-in-Türkiye non-sterile high-potency medicine facility (İLKOPOL, Çerkezköy). İLKO Pharmaceuticals has invested 52 million euros in R&D, ranking 7th among Turkish pharma firms. The group holds multiple GMP certifications and ISO standards across subsidiaries.

Selcuklu Holding's business model is primarily B2B industrial sales across all subsidiaries except Mehtap, which serves Turkish consumers through 1,000+ retail points of sale and exports kitchenware to 60+ countries. Revenue is generated through product sales across multiple verticals: pharmaceuticals (domestic + 36 export countries + licensing in 40+), aluminum components to automotive/marine/defense/energy/construction sectors (with exports exceeding 50% of Almesan sales), printed packaging materials to major brands in 20+ countries, kitchenware to retail and export markets, and residential/commercial real estate development. No public pricing information is disclosed. The group employs both enterprise field sales for industrial buyers and channel/reseller distribution for consumer kitchenware, supported by corporate communications and trade press visibility.

Name

Selcuklu Holding

Legal name

Selçuklu Holding A.Ş.

Website

https://selcukluholding.com.tr

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Selcuklu Holding is a privately held Turkish industrial conglomerate controlling nine subsidiaries across pharmaceuticals, aluminum, packaging, kitchenware, and real estate, employing 1,792 people across 185,600 m² of production facilities and exporting to 64 countries.

Ownership category

akta.pro rank

Product category

Diversified Industrial Conglomerate

NAICS

Offices of Other Holding Companies (551112), Metal Service Centers and Other Metal Merchant Wholesalers (423510)

SIC

Wholesale-Metals Service Centers & Offices (5051), Medicinal Chemicals & Botanical Products (2833)

akta.pro primary industry

Aluminum Trading, Marketing & Distribution (IMAKACAK)

Keywords

• Pharmaceutical manufacturing
• Aluminum production
• Kitchenware manufacturing
• Packaging printing
• Industrial conglomerate

Headquarters

HQ city

Sancaktepe

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Pharmaceutical Products: İLKO Pharmaceuticals generates revenue through manufacturing and selling 184 products spanning 90 different molecules, both domestically in Türkiye and through exports to 36 countries, plus licensing activities in more than 40 countries and contract manufacturing with international companies. Production capacity of 120 million boxes annually in a single shift.
2. Aluminum Products: Almesan Aluminum manufactures and sells aluminum discs, washers, plates, sheets, coils, strips, special alloy plates, rods, brackets, and forgings. Exports account for more than 50% of sales, primarily to European countries, with North America and Middle East as emerging markets. Annual production capacity of 50,000 metric tons for cast and hot rolled coils, and 30,000 metric tons of aluminum discs, flakes, strips, and automotive tie rod parts.
3. Kitchenware Products: Mehtap manufactures and sells kitchenware including Teflon-coated, enamel, and steel products. With production capacity of 15 million pieces per year, exports to over 60 countries and serves consumers through more than 1000 points of sale across Türkiye. Twenty Mehtap products are sold every minute worldwide.
4. Packaging Products: Sentez Group produces offset, engraving, and flexo printed packaging materials across 13 lines, plus cups and cornets. Works with valued and giant brands and exports to more than 20 countries.
5. Consumer Healthcare Products: Wellcare brand under İLKO Pharmaceuticals offers more than 40 consumer healthcare products developed using certified raw materials supported by clinical studies, available nationally and internationally.
6. Real Estate Development: Selin İnşaat executes residential complexes, shopping malls, and industrial facility projects, including Rings İstanbul residential complex, Rings Shopping Mall, Selçuklu Business Center, and industrial facilities for other group companies.

Go-to-market motion2 records

Distribution channels6 records

Marketing channels5 records

Core offering

Selcuklu Holding is a diversified Turkish industrial conglomerate that manufactures pharmaceuticals (İLKO Pharmaceuticals, İlkogen, İLKOPOL, Wellcare), aluminum products (Almesan), kitchenware (Mehtap), packaging materials (Sentez Group), and develops real estate (Selin İnşaat). It operates nine wholly-owned subsidiaries across five sectors with 185,600 m² of production facilities, exporting to 64 countries and employing 1,792 people.

Product overview

Selcuklu Holding is a diversified Turkish conglomerate operating across five main sectors: Medicine/Pharmaceuticals, Aluminum, Packaging, Kitchenware, and Real Estate & Construction. The portfolio includes nine companies: İLKO Pharmaceuticals (core pharmaceutical operations with 184 products across 90 molecules), İlkogen (biotechnology subsidiary developing cancer treatments), İLKOPOL (cytotoxic/non-sterile high-potency drug production), Wellcare (consumer healthcare brand with 40+ products), Almesan Aluminum (aluminum production with 50,000 metric tons annual capacity), Sentez Grup (packaging with 55,000 m² integrated facility), Mehtap Kitchenware (kitchenware manufacturing 15 million pieces annually), and Selin İnşaat (real estate/construction). The group shares common sustainability initiatives through the ECO2ALL product line spanning aluminum and kitchenware sectors, and applies pharmaceutical-grade quality standards across all operations. Total operations span 185,600 m² of production facilities with 1,792 employees serving 64 export countries.

Differentiator

Problem solved

Functional benefit

Brands

• İLKO Pharmaceuticals: Pharmaceutical manufacturing company - largest pharmaceutical investment in Anatolia with production capacity of 120 million boxes annually, serving domestic and global markets with 184 products spanning 90 molecules.
• İlkogen
• İLKOPOL
• Wellcare
• Almesan Alüminyum
• Mehtap
• Sentez Grup
• Selin Yapı
• Costa
• Penta

Products and services

• İLKO Pharmaceuticals Flagship pharmaceutical manufacturing company producing 184 products across 90 different molecules for domestic Turkish and global markets. Operates Turkey's largest pharmaceutical production facility in Anatolia with annual capacity of 120 million boxes, focusing on value-added and innovative healthcare products.
• İlkogen Biotechnology Turkey's first biotechnological pharmaceutical R&D, production, and international marketing company. Develops new generation biotechnological drugs by combining İLKO's 50+ years of pharmaceutical experience with Genexine's biotechnology R&D expertise. Currently conducting R&D and clinical studies on four biotechnological products for cancer treatment.
• İLKOPOL High-Potency Medicine Production Production facility for cytotoxic products and non-sterile high-potency medicines serving oncology and DMARD/TNF treatment markets. Established with domestic capital, produces high-tech oncology products and provides Contract Manufacturing Organization (CMO) services to other pharmaceutical companies.
• Wellcare Consumer Healthcare Consumer healthcare brand offering more than 40 products across various categories with pharmaceutical-grade quality assurance. Uses certified raw materials supported by clinical studies to provide reliable products that enhance quality of life, marketed under the concept of 'The Art of Living with Health.'
• Almesan Aluminum Products Leading aluminum manufacturer producing aluminum discs, washers, plates, sheets, coils, strips, special alloy plates, rods, brackets, and forgings. Annual production capacity of 50,000 metric tons of cast and hot rolled coils, and 30,000 metric tons of aluminum discs, flakes, strips, and automotive tie rod parts. Exclusive producer in Turkey of 4xxx, 5xxx, and 6xxx series alloys using twin band casting technology.
• Sentez Group Packaging One of Europe's largest packaging producers and Turkey's largest integrated manufacturing facility with 55,000 m² enclosed area. Operates offset, engraving, and flexo printing systems across 13 lines, plus cup and cornets production. Serves major international brands and exports to more than 20 countries.
• Mehtap Kitchenware One of the world's foremost kitchenware manufacturers with annual production capacity of 15 million pieces. Pioneer of Teflon-coated products in Turkey since 1963, producing Teflon-coated, enamel, and steel products. Exports to over 60 countries and serves consumers through more than 1,000 points of sale across Turkey, with 20 Mehtap products sold every minute worldwide.
• Selin İnşaat Real Estate Development Real estate and construction company developing residential complexes, shopping malls, and industrial facilities. Notable projects include Rings İstanbul residential complex, Rings Shopping Mall (Rings AVM), Rings Sports Club, and Selçuklu Business Center. Also builds production facilities for other Selcuklu Holding subsidiaries.
• Wellcare New Consumer Healthcare Products (Seramid Kompleks, Bromelain Trio, NeuroGo) New consumer healthcare product line by Wellcare featuring innovative formulations including bromelain, quercetin, chromium, and nervous system support formulations. Available through Wellcare's distribution channels nationally and internationally.

Quantifiable outcome

• 120 million boxes per year pharmaceutical production capacity in a single shift
• +7 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

One partnership is on record.

• Genexine (South Korea)coreStrategic or Co-development Partner · 1 January 2013İLKOGEN was established as a joint investment between İLKO Pharmaceuticals and South Korean Genexine. İLKOGEN combines İLKO's 50+ years of pharmaceutical production and marketing experience with Genexine's biotechnology R&D expertise to develop new generation biotechnological drugs.

Scale indicators18 records

Recent moves7 records

Expansion highlights6 records

Regional players

• Doğuş Group: Turkish diversified conglomerate with automotive, construction, media, energy, and tourism operations; comparable as a large privately held Turkish industrial group operating across multiple sectors and exporting internationally, though with a different mix than Selcuklu's pharma/heavy industry weighting.

Broad incumbents

• Yıldız Holding: Major Turkish diversified conglomerate focused on FMCG/food (Ülker, Godiva) with growing non-food industrial subsidiaries; comparable as a large-scale Turkish holding pursuing global export reach, though less pharma-heavy than Selcuklu.
• Tefal / SEB Group: Global leader in coated kitchenware under Tefal/T-fal and other brands, with worldwide retail distribution; broadly comparable to Mehtap as a Teflon-coated kitchenware manufacturer selling to retailers and consumers in 60+ countries.

Direct peers

• ASAŞ Alüminyum: Turkish integrated aluminum extrusions and flat-rolled products producer with significant European exports; directly comparable to Almesan as a domestic Turkish aluminum manufacturer competing in the same alloy product and export markets.
• Koç Holding: Turkey's other flagship diversified conglomerate spanning automotive, white goods, energy, finance, and food; directly comparable as a family-influenced Turkish industrial holding with export-heavy manufacturing subsidiaries.
• Sanko Holding: Turkish diversified industrial conglomerate with operations in textiles, packaging, energy, construction, and healthcare products; comparable to Selcuklu as a privately held family-controlled multi-sector industrial group with significant export activity.
• Abdi İbrahim: Turkey's largest domestic pharmaceutical manufacturer with broad generics portfolio and strong export licensing; directly comparable to İLKO Pharmaceuticals because both are top-tier Turkish generic manufacturers scaling into biotech and emerging markets.
• Sabancı Holding: Turkey's largest publicly listed diversified industrial conglomerate with banking, industrials, building materials, and energy exposure; directly comparable as a multi-sector Turkish holding with manufacturing/export scale.
• Eczacıbaşı Holding: Turkish diversified group operating in pharmaceuticals (Eczacıbaşı Pharmaceuticals), consumer products, building products, and healthcare; closely comparable because it pairs pharmaceutical manufacturing with consumer and building-products subsidiaries like Selcuklu.
• Assan Alüminyum (Kibar Holding): One of Turkey's largest flat-rolled aluminum producers serving automotive, packaging, and consumer durables; directly comparable to Almesan as a major Turkish aluminum manufacturer with automotive OEM customers and heavy European export orientation.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/selcukluholding

Compliance14 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Selcuklu Holding