The Largest Capital Inflow in Recent Years: Opus and Met-Gun Group to Bring Billions to the Treasury
Turkey has experienced a major development with the awarding of its vehicle inspection services to a new entity. The contract, previously managed by TÜVTÜRK until 2027, has now been secured by the MOI Consortium, comprising global powerhouse Opus and Met-Gün Group, for the 2027-2047 period. This notable tender, set at $1.72 billion, is regarded as one of Turkey’s most significant financial boosts in recent history.
📢 Insight into the Winning Consortium and Tender Details
The tender process launched by Turkey's Privatization Administration sought to entrust vehicle inspection services to controllers for the upcoming two decades. The MOI Consortium, featuring prominent players like Opus, Met-Gün İnşaat, Itversia Gestion S.L., and VTV Norte SA, stood out as a formidable partnership with profound global vehicle inspection expertise. The outcome signifies a major gain for the Treasury, rendering $1.19 billion more than the 2007 agreement concluded in two stages, valued at $830 million and $890 million.
🌍 The Competitive Arena and Concluding Results
A High-Stakes Battle: Local and International Competitors
The tender attracted a diverse group of domestic and global consortia, including notable firms from Germany, the UK, and the US. Previously allied with TÜV SÜD, Doğuş Group entered with separate consortia but exited, narrowing the competition to AGTT Consortium and MOI—the latter triumphing across both scheduled regions.
Strategic Moves and Noteworthy Bids
For the First Region:
The bidding reached $805 million from Doğuş Tem Group before their exit.
AGTT Consortium proposed a closing offer of $825 million.
MOI outperformed with an unexpected bid of $830 million.
For the Second Region:
Doğuş Tem Group halted after an $810 million bid.
AGTT concluded on a hesitant note at $884 million.
MOI emerged victorious with an $890 million offer.
The Global Reach of Opus Group and Synergy with Local Partner
The MOI Consortium's success is due in part to the collaboration of US-based Opus, Spain’s Itversia Gestion, Argentina’s VTV Norte SA, and Turkey’s Met-Gün Group. Opus commands the US market with an 80% share and maintains widespread operations across four continents. Partnering with Met-Gün, Opus applies its comprehensive vehicle inspection expertise in Turkey.
Alfredo Granai, President of Latin America for Opus Group, voiced enthusiasm about penetrating this burgeoning market. He praised the alliance with Met-Gün Group, highlighting the combination of local and international knowledge in the shared mission.
The Unyielding Success and Ambitions of Met-Gün Group
With a solid 38-year foundation, Met-Gün Group has been a cornerstone in sectors such as energy, tourism, manufacturing, and construction. By upholding rigorous ethical standards and quality, the group has executed major infrastructure initiatives and ventured into renewable energies like wind and solar. Additionally, expanding into tourism, Met-Gün sets the stage for innovative entrepreneurship. The group is not only expanding with an upcoming fertilizer plant but is also dedicated to mobilizing significant aid to Turkey and Spain, greatly benefiting local communities.
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