Pacific technology purchased Proline’s 51 percent shares

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Lerato Khumalo

The Pacific Technology, which opened the public in February 2024 and produces the first and only unmanned helicopter of Turkey, has a strong entry into the defense industry by adding a strong entry into the defense industry.

According to a statement from Pacific Technology to KAP, yesterday (January 31, 2025), the Board of Directors of the Board of Directors of the Proline Bilişim Sistemleri and Ticaret A.Ş., by applying a discount on the valuation made by a CMB licensed company to purchase 51 percent shares and stock It was announced that the transfer process was decided. In this announcement text, it was stated that the value of the Proline company was 430,589,096 TL and that the purchase will be performed by applying a 12.91 %discount. Kap operates as a national company that provides innovative technologies in the production of provieties, biometric solutions, electronic identity and safe qualified documents. Founded in 2003, Proline has played an active role in the Middle East, Africa and Asian markets as well as its important activities in our country and TRNC as a technology company specialized in its field with its nearly 200 employees. With the purchase that will take place; Products and services offered to the products and services offered under the umbrella of Pacific Technology will be added within Proline, and a significant expansion will arise in the range of products and services offered by our company. Studies and developments in the process will continue to be shared with our investors and public ”.

“We will present at least two new products to the market in 2025”

Fatih Erdoğan, Chairman of the Board of Directors of Pasifik Holding, said in a statement earlier, “We will invest in companies, entrepreneurs and products that we believe that we will expand our service range, and create a successful and global story with a high development potential. Fatih Erdoğan stated that Pacific Technology has expanded its service network in information technologies containing software, cyber security and financial technologies, especially the defense industry.

Describing that Proline is an important step in the growth strategy of Pacific Technology, Pacific Technology General Manager Ahmet Aslanpınar said, “Innovative hardware and software solutions, licenses and technologies developed by Proline’s R & D Center will significantly strengthen the assets and capabilities of our group. In 2025, we expect the introduction of at least two new products to the market and the positioning of existing capabilities in international projects.