Turkey-based HRK Holding, operating as Saat & Saat, has acquired Aydinli Group, a prominent apparel manufacturer and retailer, as confirmed by USPA Global, the brand overseen by the US Polo Assn. Both companies have been long-time licensing partners of the brand.

Aydinli Group, managing nearly 450 US Polo Assn. stores globally, will expand the brand’s apparel footprint across Turkey, the Middle East, Eastern Europe, and North Africa through the acquisition by Saat & Saat. The deal gives Saat & Saat control of Aydinli’s apparel operations in over 50 countries.

The acquisition marks Saat & Saat’s entry into the international apparel sector, moving beyond its watch and accessory focus. CEO Ramazan Kaya will now lead Aydinli Group in addition to Saat & Saat, with plans to elevate US Polo Assn.’s business to target $1 billion in retail sales in the region.

US Polo Assn. has a growing presence with over 1,500 stores in Turkey, the Middle East, Eastern Europe, and North Africa, and a global reach in 190 countries with retail sales exceeding $2.5 billion. Saat & Saat’s acquisition of Aydinli Group aims to enhance the brand’s capabilities and accelerate growth in key markets.

Read more at Yahoo Finance: Saat & Saat buys Aydinli Group to scale US Polo Assn. apparel presence