Bimeks

Last updated • 1 min readFrom Wikipedia, The Free Encyclopedia
BİMEKS BİLGİ İŞLEM VE DIŞ TİCARET A.Ş.
Company type A.Ş.
BİST: BMEKS
Industry Retail
Founded1990
Defunct2019 (2019)
FateDeclared bankrupt by a court on April 24, 2021
Headquarters,
Number of locations
135 (2016)
Area served
Turkey
Key people
Murat Akgiray (Chairman)
ProductsComputers and electronics
Website

Bimeks was a Turkish electronics retailer. It was Turkey's first technology products retail company, which started its commercial activities in 1990 in a small shop in Kadıköy. It went bankrupt in 2019.

Business and activities

Founded in 1990 by brothers Mehmet Murat Akgiray and Ahmet Vedat Akgiray, Bimeks retailed IT products, consumer electronics, and home appliances from 135 stores in 60 cities around Turkey. [1] [2] [3] It went public in April 2011, becoming the first technology retail company to start trading on Borsa Istanbul. Bimeks, whose total turnover was 396 million TL in 2011, made a major acquisition in September 2013 and acquired 100% of the Turkish branch of Electro World, which belonged to Dixons Retail PLC. In November 2013, it merged with Electro World and Electro World transferred all of its stores in Turkey to Bimeks. In 2014 Bimeks acquired the 28 stores of the Darty chain from owners Kesa Turkey. [4]

In December 2016, it had 135 stores in 60 provinces of Turkey.

On March 12, 2019, it was officially delisted from Borsa Istanbul. [5]

It was officially declared bankrupt by a court on April 24, 2021. [6]

Related Research Articles

Tandy Corporation was an American family-owned leather-goods company based in Fort Worth, Texas, United States. Tandy Leather was founded in 1919 as a leather supply store. By the end of the 1950s, under the tutelage of then-CEO Charles Tandy, the company expanded into the hobby market, making leather moccasins and coin purses, making huge sales among Scouts, leading to a fast growth in sales.

<span class="mw-page-title-main">Best Buy</span> American multinational consumer electronics retailer

Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebranded under its current name with an emphasis on consumer electronics in 1983.

Banana Republic is an American upscale clothing and accessories retailer owned by The Gap. It was founded in 1978 by Mel and Patricia Ziegler, who originally called the company "Banana Republic Travel & Safari Clothing Company". In 1983, Gap purchased the company, changed the name to "Banana Republic," and rebranded the stores to achieve a more upscale image. In the 2020s, VP of design Nicole Wiesmann has re-envisioned the brand with ad editorial campaigns that evoke luxury brands, and higher-end garments that have been compared favorably with names such as Ralph Lauren and The Row.

<span class="mw-page-title-main">Circuit City</span> Consumer electronics retailer

Circuit City Corporation, Inc., formerly Circuit City Stores, Inc., is an American consumer electronics retail company, which was founded in 1949 by Samuel Wurtzel as the Wards Company, operated stores across the United States, and pioneered the electronics superstore format in the 1970s. After multiple purchases and a successful run on the NYSE, it changed its name to Circuit City Stores Inc.

Dixons Retail plc was one of the largest consumer electronics retailers in Europe, which merged with Carphone Warehouse in 2014 to create Dixons Carphone. In the United Kingdom, the company operated Currys, Currys Digital, PC World, Dixons Travel and its service brand Knowhow.

Dick Smith Electronics Holdings Limited was an Australian chain of retail stores that sold consumer electronics goods, hobbyist electronic components, and electronic project kits. The chain expanded successfully into New Zealand and unsuccessfully into several other countries. The company was founded in Sydney in 1968 by Dick Smith and owned by him and his wife until they sold 60% to Woolworths in 1980, and the remaining 40% two years later.

<span class="mw-page-title-main">Game (retailer)</span> UK-based video game retailer

Game Retail Limited is a British video game retailer, owned by Frasers Group since June 2019.

Arçelik A.Ş. is a Turkish multinational household appliances manufacturer which owns Beko, Grundig and Indesit.

Hacı Ömer Sabancı Holding A.Ş., commonly abbreviated as Sabancı Holding, is an industrial and financial conglomerate with headquarters in Istanbul, Turkey. The company's primary activities are in financial services, energy, cement, retail and industrial sectors. The founding Sabancı family continues to hold a majority stake. Sabanci Holding was first listed on the Istanbul Stock Exchange (BIST) in 1997. As of the year 2023, Sabancı Group operates in 14 countries across 5 continents, serving more than 40 million customers and providing employment for over 60,000 people. Additionally, the holding has joint venture partnerships with prominent global players such as E.ON, Bridgestone, Ageas, Heidelberg, and Carrefour.

<span class="mw-page-title-main">Maplin (retailer)</span> British electronics retailer

Maplin Electronics is the trading name of an online retailer of electronic goods in the United Kingdom and Ireland launched in 2019, using the brand of the former company Maplin Electronics Limited, which operated from 1972 to 2018.

Yıldız Holding is a Turkish conglomerate that is best known for manufacturing food products. The company also produces other consumer goods and has its own retail, private equity and real estate operations.

<span class="mw-page-title-main">Electro World (retailer)</span>

Electro World is an electronics online retailer founded in 2002 and operating in Sweden. It also operated in Czech Republic, Hungary, Slovakia, Poland, Greece and Turkey, as a subsidiary of Currys plc, until operations in those countries were sold off.

Akfen Holding is an infrastructure focused conglomerate based in Turkey founded in 1976 by Hamdi Akın and earned its status as a holding company in 1999.

<span class="mw-page-title-main">Hitit Computer Services</span>

Hitit Computer Services is a travel technology company that provides commercial and operational IT systems for the airline and travel industry. It is headquartered in the ITU Arı Technopolis science park on the campus of Istanbul Technical University. Hitit is publicly listed at the Borsa Istanbul stock exchange since March 2022.

<span class="mw-page-title-main">Integral Forex</span> Turkish-based online brokerage and branch of Integral Securities

Integral Forex, a branch of Integral Securities, is a Turkey-based financial trading services provider specialized in foreign exchange (forex) and contract for difference (CFD) brokerage.

Koton is a Turkish multinational clothing company. As of 2015, the chain had over 480 retail stores in 28 countries.

<span class="mw-page-title-main">Trendyol</span> E-commerce company in Turkey

Trendyol is an e-commerce platform based in Turkey, with its headquarters in Istanbul. Trendyol operates in Trendyol group structure. The company was founded in 2010 by Demet Mutlu. In 2018, the Chinese company Alibaba Group became the company's largest shareholder, holding 86.5% of shares. Trendyol is a private company, operating in the fashion and retail sector in e-commerce area.

<span class="mw-page-title-main">Beymen</span> Chain of department stores in Istanbul, Turkey

Beymen is a chain of luxury department stores in Istanbul, Turkey, part of the Beymen Group owned by the Qatari investment fund Mayhoola for Investments.

Hektaş is a manufacturer of fertilizer and other farm products. It is a BIST 30 company on the Turkish stock market and at risk from the EU Carbon Border Adjustment Mechanism. Share trading was suspended after the 2023 Turkey–Syria earthquake.

References

  1. "Archived copy" (PDF). Archived from the original (PDF) on 2014-08-02. Retrieved 2014-06-29.{{cite web}}: CS1 maint: archived copy as title (link)
  2. "bimeks". www.bimeks.com.tr. Archived from the original on 4 March 2016. Retrieved 4 December 2016.
  3. "Untitled Document". Archived from the original on 2 July 2014.
  4. "Rekabet Kurumu - Anasayfa". rekabet.gov.tr. Retrieved 4 December 2016.
  5. "KAP". www.kap.org.tr. Retrieved 26 February 2024.
  6. "Bimeks İflas Kararı". Archived from the original on 24 April 2021.