Simit Sarayı
Turkish food company
From Wikipedia, the free encyclopedia
Simit Sarayı is a Turkey-based food company founded in 2002 in Istanbul. In 2010, it opened its first international store in the Netherlands.[1] In 2012, it established both a pastry factory and a store in Saudi Arabia.[2]
| |
| Company type | Joint-stock company |
|---|---|
| Industry | Food |
| Founded | 2002 |
| Headquarters | , |
Number of locations | 426 stores |
Area served | Worldwide |
Key people | Abdullah Kavukcu (CEO) |
Number of employees | 11,250 |
| Website | www |
As of 2025, the company operates 426 stores across 22 countries worldwide.[1]
In 2017, 10% of the company was sold to the Saudi Arabia-based Fawaz Alhokair Group for approximately $100 million.[1] In December 2019, it was announced that 51% of the company would be acquired by Ziraat Venture Capital.[3]