Established in 1993, Goknur Foods Import Export Trading & Distribution Company (Goknur) is the largest fruit juice concentrate and fruit puree producer and exporter in Turkey, in which VCBank and its investors hold a stake of 83.5 per cent. The Company is successfully implementing growth initiatives which focus on strategically expanding its business lines and geographic footprint. The white labelling business is becoming a significant source of revenue for Goknur, with new agreements having recently been signed with Walmart and other major US retailers. In addition, the Company has discussed potential areas of collaboration with one of China’s leading juice suppliers. It is also planning to establish a branch office and warehouse in Bahrain to strengthen its presence in the GCC region. Goldman Sachs was appointed to commence the sale of the Company to prospective buyers. However, due to the Turkish lira crisis, the exit process has been put on hold.