Taban Gıda from the Fortune 500 list has gone bankrupt
The concordat request of Taban Gıda, which holds a strategic position in Turkey's wheat imports, was rejected by the court and the company went bankrupt.
Taban Gıda Dış Ticaret AŞ, operating in the agricultural commodities sector and holding a significant share in Turkey's wheat imports, declared bankruptcy on October 1, 2026, after the court rejected its concordat request.
Court Decision and Bankruptcy Process
The Istanbul 1st Commercial Court evaluated the company's concordat request, issued a rejection decision, and ruled for the company's bankruptcy as of October 1, 2026.
Following this judicial decision, the duties of the previously appointed concordat commissioner committee officially ended, and the legal protection measures granted to the company were completely lifted.
The Company's Sectoral Position and History
Founded in 2016, Taban Gıda managed to secure a place for itself on the Fortune 500 Turkey list with the commercial success it achieved in a short period.
According to Capital 500 data, the company's total turnover in 2023 had exceeded the threshold of 12.5 billion Turkish Liras.
Liquidation Proceedings Started
Following the court's bankruptcy decision, the Istanbul 2nd Bankruptcy Office was appointed to carry out all liquidation processes.
Liquidation procedures officially began to be carried out under the supervision of the relevant office through file number 2026/17.
Logistics Investments and Global Share
Against the freight crises experienced during the pandemic period, the company had made moves in the field of maritime transportation through its parent organization Vivalon AG.
In 2021, the company expanded its logistics network by purchasing dry cargo ships with an investment exceeding 14 million dollars and announced that it held a share of over 1 percent in global wheat trade.