What IŞIKLAR HOLDING does

IŞIKLAR HOLDING A.Ş. is a privately-held Turkish family conglomerate founded in 1974, headquartered in Beykoz, Istanbul, with operating roots tracing to 1952. The group operates approximately 15 subsidiaries across five principal business segments: industrial packaging (Işıklar Ambalaj producing cement bags, flour packaging, e-commerce envelopes, and shopping bags via Windmöller & Hölscher production lines in Turkey's Çumra/Konya facility and in Erbil, Iraq, where capacity was doubled to 160 million cement bags in 2025); construction materials (Işıklar Tuğla / Yapı Ürünleri manufacturing Ekoklinker sound, heat, and cladding bricks); automotive casting (Çemaş Döküm Sanayi producing engine, chassis, and suspension components with a kataforez/tozboya electrophoretic coating facility, supplying Ford Otosan, MAN, Türk Traktör, and Mercedes-Benz Türk); renewable energy (BND Elektrik operating 14 MW of hydroelectric capacity and Çemaş operating 19 MW of bifacial solar, totaling 35 MW of captive generation); and construction/real estate (Özışık İnşaat developing the Tuna Konutları residential project in Bartın, with additional Bulgaria-based Işıklar Real Estate EOOD and Elen Hunting operations). Two subsidiaries — Işıklar Enerji ve Yapı Holding and Çemaş Döküm — are publicly traded, providing capital market access.

The group generates revenue through B2B direct sales to enterprise customers in automotive OEM supply chains, cement and flour producers, and construction projects. The GTM motion is sales-led with field sales teams at each subsidiary and selective participation in industry events such as Birmingham Empack-Packaging Innovations and the TUSAF International Congress. IŞIKLAR markets via a corporate website (isiklar.com.tr), a press room (Basın Odası), an e-magazine, and an ethics hotline, and pursues international market entry through Bulgaria (software and real estate since 2019/2022) and Iraq (packaging since 2011). Diversified cross-holding family ownership (Chairman Rıza Kutlu Işık, Vice Chairman Uğur Işık, with third-generation board members) and UN Global Compact signatory status (2024) reflect traditional Turkish conglomerate governance oriented toward long-cycle industrial assets.

Name

IŞIKLAR HOLDING

Legal name

Işıklar Holding A.Ş.

Website

https://isiklar.com.tr

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

101–250 employees

Short description

IŞIKLAR HOLDING is a privately-held Turkish family conglomerate operating 15 subsidiaries across industrial packaging (cement bags, flour packaging), construction materials (Ekoklinker bricks), automotive casting (Çemaş Döküm supplying Ford Otosan, MAN, Mercedes-Benz), renewable energy (35 MW), and real estate, with manufacturing in Turkey, Iraq, and Bulgaria.

Ownership category

akta.pro rank

Headquarters

HQ city

Beykoz

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Packaging Manufacturing: Production and sale of industrial kraft bags, e-commerce envelopes, shopping bags. Manufacturing facilities in Turkey (Çumra/Konya) and Iraq (Erbil). Products include cement bags, flour packaging (1kg, 2kg, 5kg). Revenue from direct B2B sales to construction, food, and industrial sectors.
2. Construction Materials: Production and sale of brick products (Ekoklinker sound bricks, heat bricks, cladding bricks, landscape elements) through Işıklar Tuğla. Also cement grinding balls. Revenue from direct sales to construction companies and projects.
3. Automotive Casting Parts: Production of cast iron parts for automotive industry through Çemaş Döküm Sanayi. Products include engine, chassis, and suspension components for Ford Otosan, MAN, Türk Traktör, Mercedes-Benz. Annual supply contracts with Ford Otosan (2,300 tons for Euro7 New Cap project).
4. Renewable Energy Generation: Self-generation of electricity through HES (hydroelectric, 14 MW total from Üçgen and Üçgen 2) and GES (solar, 20 MW total from Çemaş facilities) for captive consumption. Reduces operational costs and supports sustainability goals.
5. Construction and Real Estate Development: Residential development projects through Özışık İnşaat. Tuna Konutları project in Bartın with 4 blocks, 3,900 m² covered area, earthquake-resistant design with fore pile foundation system.
6. Synthetic Yarn Manufacturing: Production of synthetic yarn through Metemteks at Çorlu facility.
7. Construction Equipment Distribution: Sif JCB distributes JCB construction machinery in Turkey.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Işıklar Holding is a diversified Turkish industrial conglomerate that manufactures and sells industrial packaging (kraft cement bags, flour packaging, e-commerce envelopes, shopping bags), construction materials (Ekoklinker sound/heat/cladding bricks, cement grinding balls), automotive cast iron parts (engine, chassis, suspension components) with electrophoretic coating services, renewable energy from hydroelectric and solar assets, and develops residential real estate projects. Operations span Turkey, Iraq (Erbil), and Bulgaria across 15 subsidiaries.

Product overview

Işıklar Holding is a diversified Turkish conglomerate operating across five main business segments: (1) Packaging - Işıklar Ambalaj produces industrial kraft bags and flexible packaging at facilities in Turkey and Erbil, Iraq; (2) Construction Materials - Işıklar Tuğla manufactures Ekoklinker bricks, sound bricks, and thermal bricks; (3) Casting & Automotive - Çemaş Döküm produces automotive engine, chassis, and suspension components with electrophoretic coating capabilities; (4) Renewable Energy - BND Enerji operates 14 MW hydroelectric plants, while Çemaş operates 19 MW of solar capacity; (5) Construction & Real Estate - Özışık İnşaat develops residential projects like Tuna Konutları. The holding encompasses 15 companies including two publicly traded entities (Metemteks and Işıklar Enerji ve Yapı Holding), with a total installed renewable energy capacity of 35 MW.

Differentiator

Problem solved

Functional benefit

Products and services

• Işıklar Ambalaj Kraft Bags
• Al Akias Al-Shimalia Co. Kraft Bags (Iraq)

Quantifiable outcome

• Renewable energy covering significant portion of electricity consumption at manufacturing facilities
• +2 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Türkiye Un Sanayicileri Federasyonu (TUSAF)coreOthers · 1 February 2026Işıklar Ambalaj became a member of TUSAF (Turkish Flour Industrialists Federation) and participated as stand sponsor at 20th International Congress themed 'Climate Resilience and Future of Trade'. Exhibition included industrial kraft bags and flour packaging products (1kg, 2kg, 5kg). Provides direct access to flour milling industry customers.
• Ford OtosancoreStrategic or Co-development Partner · 1 November 2024Çemaş Döküm Sanayi A.Ş. and Ford Otosan strengthened collaboration for Euro7 New Cap project with annual 2,300 ton casting parts supply contracts. Çemaş supplies engine, chassis, and suspension components. Ford Otosan management expressed appreciation for Çemaş's recent development during technical visit to Gölcük facilities. Q1 approval process completed. Kataforez/tozboya coating services also provided for Ford Otosan parts portfolio.
• MAN Truck & BusminorStrategic or Co-development Partner · 1 January 2024Çemaş provides kataforez/tozboya coating services for MAN truck parts. All sub-supplier operations for MAN parts were cancelled and transferred to Çemaş coating facility.
• Türk TraktörminorStrategic or Co-development Partner · 1 January 2024Çemaş provides kataforez/tozboya coating services for Türk Traktör parts. All sub-supplier operations for Türk Traktör parts were cancelled and transferred to Çemaş coating facility.
• Mercedes-Benz TürkminorStrategic or Co-development Partner · 1 January 2024Çemaş provides kataforez/tozboya coating services for Mercedes-Benz parts. Customer approval process currently ongoing.
• UN Global CompactcoreOthers · 1 January 2024Two publicly listed companies - Işıklar Enerji ve Yapı Holding and Çemaş Döküm - were accepted as signatories to UN Global Compact in 2024, demonstrating commitment to sustainability goals and corporate responsibility principles.

Scale indicators8 records

Recent moves14 records

Expansion highlights8 records

Direct peers

• Limak Holding: Turkish conglomerate with concentrated exposure to construction (Limak Construction), energy (limak hydropower), cement, and aviation. Closely parallels Işıklar's combination of construction contracting, hydroelectric generation, and building materials.
• Çalık Holding: Privately held Turkish industrial conglomerate spanning construction, energy, textiles, mining, and finance. Closest analogue in size and diversification profile to Işıklar, with similar family-ownership structure and cross-sector industrial footprint including renewable energy.
• Sanko Holding: Turkish family-owned industrial conglomerate active in textiles, construction materials, cement, energy, and packaging. Comparable mid-scale diversified structure with parallel construction-materials and energy exposures to Işıklar's portfolio.
• Döktas: Leading Turkish iron and steel casting company serving automotive OEMs including Ford Otosan, with comparable foundry technology and customer base to Çemaş Döküm. Direct competitor for casting contracts in the same Turkish automotive supply chain.

Broad incumbents

• Koç Holding: Largest Turkish diversified conglomerate with parallel exposure to automotive (Ford Otosan via joint venture), consumer durables, energy, and construction. Işıklar mirrors Koç's Turkish-conglomerate model but at substantially smaller scale, with Çemaş supplying into the Ford Otosan ecosystem that Koç co-controls.
• Borusan Holding: Turkish conglomerate with material automotive (Borusan Otomotiv, BMW/Cat distributor), logistics, and energy holdings. Directly comparable automotive distribution and industrial diversification overlap with Işıklar's Sif JCB and Çemaş operations.
• CRH plc: Global building materials group with extensive operations in aggregates, cement, and concrete products. Broad incumbent peer for Işıklar Tuğla and the construction materials segment, operating at much larger scale across multiple geographies.
• Mondi Group: Global integrated kraft paper and packaging group producing industrial kraft bags including cement and flour packaging. Direct product-category peer for Işıklar Ambalaj, though operating at vastly greater scale and serving the same end markets globally.
• Sabancı Holding: Major publicly listed Turkish conglomerate with industrial, energy, building materials, and financial holdings. Directly comparable as a multi-vertical Turkish family-founded industrial group, though Sabancı operates at significantly greater scale and capital-markets presence than Işıklar.
• Wienerberger AG: World's largest producer of clay bricks and wall solutions, including acoustic and thermal insulation brick systems. Direct product-category peer for Işıklar Tuğla's Ekoklinker sound, heat, and cladding brick lines, with comparable technical-performance positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/isiklarholding
• Facebookfacebook.com/profile.php

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries12 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 IŞIKLAR HOLDING