SIO AUTOMOTIVE

SIO Automotive is a Turkish startup dedicated to the aftermarket automotive industry. Established in 1991 in Istanbul, the company has shown significant growth and expansion since its inception. With a clear slogan of "on the road with you," SIO Automotive has focused on the production of steering and suspension articles, boasting an impressive range of over 3,000 items. In 1996, the company constructed a new production facility in Corlu - Tekirdag, and in 1998, a joint venture was formed with a German group. The acquisition of the Turkish founder's shares in 2007 by the German group marked a turning point for SIO Automotive, triggering a comprehensive restructuring and resulting in significant investments totaling over 24 Million Euros, transforming the company into a modern, hi-tech production facility. It's worth noting that SIO Automotive primarily focuses on export, with 96% of its production being shipped to Europe and distributed globally. With a strong foundation in manufacturing, transportation, and the automotive sector, SIO Automotive presents an interesting investment opportunity, particularly for those with a focus on technology-driven manufacturing and international export markets.