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Esas Holding, Turkey's largest company, owner Şevket Sabancı.

Esas Holding, Turkey's largest company, owner Şevket Sabancı.

Şevket Sabancı: Establishment of His Empire in Turkey

Şevket Sabancı is one of the prominent businessmen in Turkey, known for his philanthropy, and a member of the second generation of the Sabancı Group. He was born on June 15, 1936, in the village of Akçakaya in the Talas district of Kayseri, as the fourth child of Hacı Ömer Sabancı and Sadıka Sabancı. He completed his higher education in textile engineering at the University of Manchester in England. From 1980, he represented the Sabancı Holding Group internationally and made significant contributions to the company's successes in the textile industry. Şevket Sabancı was among the founders of the Hacı Ömer Sabancı Foundation and the Sabancı Holding Group, serving for a long period as the Vice Chairman of the group's board of directors.

In 2000, he established "Esas Holding" with his son Ali Sabancı and daughter Emine Sabancı Kamışlı, while maintaining his partnership in Sabancı Holding. The company achieved revenues amounting to 6 billion Turkish lira over a decade and operates in various fields such as aviation, food, retail, real estate, entertainment, and healthcare. The company owns Pegasus Airlines and follows a growth strategy that aligns the strategy of Southwest Airlines with Turkish civil aviation. On January 1, 2020, Şevket Sabancı transferred the chairmanship of Esas Holding to his son Ali Sabancı.

Esas Holding and Its History

Esas Holding is one of the prominent investment companies in Turkey, founded in 2000 by the Sabancı family, one of the wealthiest and most famous families in Turkey. Esas Holding focuses on diverse investments across various sectors including aviation, real estate, healthcare, food, and others. The company is known for its long-term investment approach, seeking sustainable growth by investing in companies with strong growth potential and competent management teams. It is a major player in the Turkish market with significant influence both locally and internationally.

One of the first notable projects Esas Holding invested in was in the aviation sector, particularly in Pegasus Airlines, one of the largest low-cost airlines in Turkey. This investment proved successful due to the rapid growth of the civil aviation sector in Turkey and contributed significantly to the expansion of the company's activities.

Esas Holding is characterized by its long-term investment strategy, focusing on various industrial sectors that offer strong growth potential and added value. The company's management team comprises experts with multi-sector experience, helping effectively achieve its investment strategies.

Key Sectors in Which Esas Holding Operates

Aviation: Pegasus Airlines: Considered one of the largest and prominent low-cost airlines in Turkey. The investment in Pegasus has significantly contributed to expanding Esas Holding's presence in the aviation market.

Real Estate: Development and management of various real estate properties, including residential apartments, commercial offices, and shopping centers. The company focuses on strategic locations in Turkey and Europe, benefiting from urban growth and increasing demand for residential and commercial spaces.

Healthcare: Investment in building and managing modern hospitals and healthcare facilities, focusing on providing high-quality healthcare services. These investments may include creating modern medical infrastructure and providing a variety of specialized services.

Retail and Food: Investments in retail and food sectors manage or hold shares in companies specializing in everyday consumer products, enhancing their market presence and ensuring steady cash flow.

Technology and Industry: Focus on startup companies and new technologies that can bring change to diverse markets. The company aims to support innovative ideas aligned with global economic digital transformations.

Finance and Financial Services: Invests in banks, insurance companies, and various financial institutions, focusing on providing innovative financial solutions that contribute to financial security and economic growth.

Transportation and Logistics: Aims to strengthen its position in transportation and logistics sectors to improve the efficiency of goods and product movements and provide comprehensive and advanced consumer services.

Through these diverse sectors, Esas Holding seeks to balance risks and returns, enhancing its investment portfolio, which helps it withstand economic fluctuations and achieve sustainable growth.

Key Companies Under Esas Holding

Pegasus Airlines: Considered one of the largest and prominent low-cost airlines in Turkey. Founded in 1990, it started as a traditional airline but later transitioned to a low-cost model, expanding its customer base and popularity.

Headquarters: Located in Istanbul, Turkey, using Sabiha Gökçen International Airport as its main operational base.

Fleet: Operates a modern and large fleet, primarily consisting of Airbus A320 and Boeing 737 aircraft. The fleet is regularly updated to enhance operational efficiency and provide a better passenger experience.

Low-Cost Policy: Offers air travel services at reduced prices, with additional services such as luggage and meals available for additional fees.

Destination Network: Covers a large number of local and international destinations spread across Europe, the Middle East, and North Africa, making it a preferred choice for many travelers in these regions.

Innovation and Technology: A leader in utilizing technology to enhance passenger experience, including using mobile applications to improve booking and self-service flight management.

Safety and Quality: Committed to adhering to the highest safety and quality standards in all operations, ensuring regular crew training and fleet maintenance in accordance with international standards.

Market Impact: With its competitive strategy and low costs, Pegasus has made air travel accessible and affordable to a wider segment of the population, increasing air travel movement in Turkey and the region.

Esas Gayrimenkul (Real Estate Development and Management): Investments in various types of real estate from residential apartments to commercial offices and shopping centers. The company focuses on strategic locations in Turkey and Europe, benefiting from urban growth and the increasing demand for residential and commercial spaces.

Commercial Projects: Include modern business centers and administrative offices in key locations, attracting both local and international companies.

Residential Projects: Range from luxury to mid-range apartments, targeting the needs of families and individuals alike.

Shopping Centers: Development of modern shopping centers featuring a wide array of local and global brands, aiming to provide a unique shopping experience.

Key Real Estate Projects by Esas Gayrimenkul

Esas Gayrimenkul manages a range of diverse real estate projects in Turkey and occasionally in other regions. Some notable projects under the Esas Gayrimenkul umbrella include:

Esas 42 Maslak: One of the major mixed-use projects in Istanbul, serving as a comprehensive complex that includes residential units, commercial offices, as well as shopping and entertainment spaces.

Esas 67 Burda: A well-known shopping center located in Bursa, regarded as one of the prominent commercial destinations in the area.

Esas 17 Burda: Another shopping center, reflecting the company's philosophy in developing integrated commercial spaces serving both the local community and visitors.

Esas Boulevard Ankara: A commercial project offering office and retail spaces in the Turkish capital of Ankara.

Esas 39 Burda: Located in Kırklareli, it offers a variety of global and local stores, alongside entertainment areas and restaurants.

Esas 14 Burda: Recognized as one of the known shopping centers in Düzce, it features modern design and a variety of shopping options.

Esas 42 Maslak: As mentioned earlier, this project is one of the company’s largest undertakings located in Istanbul, featuring luxury residential units, commercial facilities, entertainment areas, and modern office spaces.

Esas Kulen Kültür: A commercial office in Beylikdüzü, Istanbul, providing modern office spaces for companies and startups.

Esas 10 Burda: Situated in Balıkesir, it's an all-encompassing shopping center offering diverse retail and entertainment experiences for visitors, with a variety of shops, restaurants, and cinema complexes.

Esas 62 Burda: Located in Tunceli, it offers a wide range of commercial and entertainment options, enhancing the purchasing power and community engagement in the region.

Subsidiaries of Esas Holding


Pegasus MacFit Getir Libra Softworks

Ayakkabı Dünyası. Korozo. OPLOG Mars Sinema Grubu

Insider Appsilon Enterprise UN RoRo. Flormar

Key Investments in Global Companies

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