Masttech, which designs and manufactures masts and mast accessories for the defense and aviation industry, has become a 100 percent local and national company. Masttech's Turkish partner MolekulAS Group acquired the shares of its other partner, the US-based Will-Burt company, and became the sole owner of the company. The acquisition process, which began last February, was completed on May 20 with the signing of mutual signatures. Koray GÖKALP, Chairman of the Board of Directors of MolekulAS Group, which includes Masttech, said, “We will continue our mast design and production, which we have been continuing since 2019 with Will-Burt by focusing on technologies that do not exist in Turkey, locally and nationally in the upcoming period. Masttech will continue on its path as a Turkish company from now on. With the new structuring, we will transform Masttech into a production base by adding new ones to the existing product families.”

GÖKALP: “Collaboration with US Partner Will Continue”