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“TII” has achieved major success by investing in the fleet leasing market, acquiring a 75 percent stake in Turkey’s “Do-Car”. In a relatively short period the company has doubled both its fleet and turnover, surpassing its local competitors.
“Do-Car” is working to acquire a smaller Turkish fleet leasing company. The listing of “Do-Car” on the Turkish Stock Exchange is also being evaluated. TII’s future plans include further expansion of its fleet management and leasing activities in Kuwait and other selected territories.
Also include the formation of a wholly owned holding company which will enable “TII” to consolidate its fleet management assets under one umbrella. The acquired entities will retain their independence while maximizing synergies and achieving economies of scale.
