Home About Us Our Products Sustainability Investor Relations Contact Us VERUSA GROUP AND ACISELSAN Acıselsan, Acipayam Cellulose Industry and Trade Inc. has been founded by local people in 1973 at Acıpayam, Denizli. In 1974, The Development Bank of Turkey and Vakıf Bank became Acıselsan’s partners. As of 2010, The Development Bank of Turkey has transferred 76.83% of owned shares to Privatization Administration. Verusaturk Venture Capital has acquired 76.8% stake of Acıselsan from Privatization Administration in 2011. Verusaturk has also acquired 15.2% stake of Acıselsan from Vakıflar Bankası T.A.O. in 2012. In 2018 Verusa Holding Inc. has purchased 47.3% stake of Acıselsan previously owned by Verusaturk Venture Capital. SUSTAINABLE DEVELOPMENT Acıselsan continues its R&D studies with the latest technology in its laboratory where it develops its own products. It manufactures in appropriate with the “Ecology Friendly” standards set within the company scope of sustainability understanding and environmental policy. © 2020 Acıselsan