Selva Gıda Sanayi, the company of İttifak Holding, which has been operating in the food sector for 33 years, will make an investment to increase its market shares in the country and abroad with the capital it obtained from the public offering.

Selva Gıda, which was offered to the public on June 17-18 and started to be traded at the İstanbul stock exchange on Friday, June 25, made its investors happy by more than doubling its value over the public offering price within a short time. The company noted that it aims to increase its domestic market share with the fund it has obtained. While the total size of the executed public offering was recorded as 79 million 560 thousand TL, the company's free float rate has become 33.33%. The statement made on the company's social media accounts went on as follows: “As the world's first and only Diamond awarded pasta brand, we started to be traded at the Istanbul Stock Exchange with the code SELVA. We aim to increase our share in the domestic market with the fund we obtained from the public offering, and we are making investments to break into new foreign markets with high profitability. We are further expanding Selva, which exports to more than 90 countries across 5 continents.”