Business · Companies · 1 hr ago

Zorlu Holding chairman Ahmet Nazif Zorlu dies at 82

Zorlu Holding chairman Ahmet Nazif Zorlu dies at 82

Zorlu Holding says chairman Ahmet Nazif Zorlu has died after a period of treatment in hospital.

Zorlu was 82 and died in Istanbul, according to reports.

He began his business career in his family’s textile trade and later built a group with interests in several industries.

He helped establish Zorlu Holding with his brother, and the group brought its companies under one umbrella in 1990.

Zorlu expanded into electronics and household appliances when the group acquired Vestel in 1994.

The group spans textiles, electronics and other sectors, making his death significant for Turkey’s business community; the sources give no details about what happens next.

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What people are saying

Zorlu HoldingCompany statement
We are deeply saddened to have lost our Chairman Ahmet Zorlu today at the hospital where he had been receiving treatment for some time
via Mynet Finans
Ahmet ŞişmanChairman of the Istanbul Textile and Raw Materials Exporters’ Association
I learned with deep sadness of the death of Ahmet Nazif Zorlu, one of the veteran figures of the textile sector and Chairman of Zorlu Holding
via Mynet Finans

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