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Pasinex acquires Horzum for full ownership

PRIVATEJul 30, 202610 days ago

Acquiring Company

Pasinex Resources Limited

Acquired Company

Horzum Maden Arama ve İşletme A.Ş

KocaeliTurkeyMiningMineralMining TechnologyMiningMineral

Description

Pasinex Resources Limited has completed the acquisition of the remaining 50% interest in Horzum Maden Arama ve İşletme A.Ş., obtaining full control of the Pinargozu high-grade zinc mine in Türkiye. In addition, Pasinex has acquired Aydın Teknik Madencilik ve İnşaat Sanayi ve Ticaret A.Ş., further strengthening its position in the zinc mining sector. This marks a significant milestone in Pasinex's strategy of moving from a joint venture to full ownership of its key assets.

Company Information

Company

Pasinex Resources Limited

Location

Kocaeli, Kocaeli, Turkey

About

Pasinex Resources Limited, listed on CSE: PSE and FSE: PNX, is a mining company that focuses on the exploration and development of base and precious metal properties.

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Predictive Intelligence
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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Horzum Maden Arama ve İşletme A.Ş?

Horzum Maden Arama ve İşletme A.Ş was acquired by Pasinex Resources Limited, based in Kocaeli. The deal was reported on July 30, 2026. Pasinex Resources Limited, listed on CSE: PSE and FSE: PNX, is a mining company that focuses on the exploration and development of base and precious metal properties. Pasinex Resources Limited is privately held and operates in Mining.

When did Pasinex Resources Limited acquire Horzum Maden Arama ve İşletme A.Ş?

Pasinex Resources Limited's acquisition of Horzum Maden Arama ve İşletme A.Ş was reported on July 30, 2026. Pasinex Resources Limited has completed the acquisition of the remaining 50% interest in Horzum Maden Arama ve İşletme A.Ş., obtaining full control of the Pinargozu high-grade zinc mine in Türkiye. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Horzum Maden Arama ve İşletme A.Ş do?

Horzum Maden Arama ve İşletme A.Ş. is an exploration and mining company. It operates the Pinargozu high-grade zinc mine. The company was previously a joint venture partner with Pasinex. It now serves as a wholly owned subsidiary of Pasinex. It is privately held, operating in Mining, and is based in Turkey.

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