Balsu Gıda Sanayi ve Ticaret A.Ş. is a publicly traded company, registered as a joint-stock company under the Turkish Commercial Code, with domestic capital and a corporate structure. Through its domestic and international subsidiaries, it operates globally in the field of hazelnut supply and processing.
Balsu Gıda is among the largest companies in the sector, both domestically and internationally, supplying natural and processed hazelnuts. Thanks to its experienced expert staff, since 1979 it has been carefully selecting hazelnuts from different regions of Türkiye, processing them with state-of-the-art technology, and offering them to its customers with high quality standards.
Balsu has an integrated value chain extending from raw material procurement to final product delivery. This chain begins with the sourcing of hazelnuts from farmers and traders, and continues through processing stages such as cracking, roasting, chopping, grinding, and packaging.
Balsu has two integrated facilities: one in Ordu that processes hazelnuts, and the other in Hendek, Sakarya, which transforms hazelnuts into finished products using state-of-the-art technologies. The Hendek facility is equipped with climate-controlled warehouses, high-capacity silos, cold storage facilities, and modern processing technologies.
Balsu is among the leading global companies in the hazelnut industry and exports, with sales offices located in the USA, Germany, Hong Kong, and Istanbul. The sales office in Munich, Germany (Balsu Europe GmbH) was established through the acquisition of A&C Marketing GmbH. The sales office in America (Balsu USA Inc.) was established in 1994 as Balsu's first international venture. Customer relations in the Americas, particularly in the USA and Canada, are managed through the Portland office. The sales office in Hong Kong (Balsu Asia Inc.), operating since 2018, serves as a primary point of contact for business partners in the Asia-Pacific region.
Following detailed research and evaluations, Balsu chose to begin its international agricultural investments in Chile and established Balsu Agro Chile SpA in 2017. Construction of a hazelnut orchard began in 2018 on agricultural land purchased in the Maule region, with 30,000 saplings planted that same year. In 2019 and 2020, new agricultural land was acquired in the region, and new saplings were planted in 2021.
In 2019, Balsu established Balsu Industries Chile SpA in Chile, and with its high-tech hazelnut processing factory, it is resolutely continuing its journey to further expand its global market share in the hazelnut trade, starting with the Americas and Asia-Pacific countries, and to become the best in the world.
Half a Century with Hazelnuts:
A Story of Responsibility
If granted the blessing of Allah, in two years, I will have completed half a century devoted to hazelnuts. What began as a one-man venture established by a university student—who had no prior connection to the Black Sea region or the hazelnut industry—in order to help his finances in Germany, has evolved into a journey whose destination today is quite a remarkable one.
Pioneering Technology and Innovation
Our perspective on the industry has never been limited to merely cracking the shell of a hazelnut; rather, it has been to process it at the highest possible level to create maximum added value. Today, we reap the rewards of this vision through our portfolio of more than eight international patents. Through our B.E.S.T. Program, we also take pride in leading solutions that address our country’s gaps in modern agricultural practices.
Ayrıca B.E.S.T Programımızla, ülkemizin modern tarım konusundaki eksikliklerini giderecek çözümlere önderlik etmenin gururunu yaşıyoruz.
A Global Brand: BALSU
Today, BALSU stands among the world’s leading players in its sector, supported by its state-of-the-art facilities, advanced processing capacity, and rigorous quality management systems. Since 1978, the trust-based relationships we have built with our clients have made us a preferred partner of the world’s most distinguished chocolate and confectionery manufacturers.
Over the years, we have taken on Top leadership roles in numerous institutions—from the Istanbul Exporters’ Associations (İİB) to the International Nut and Dried Fruit Council (INC)—and have worked tirelessly to advocate for Turkish hazelnuts on the global stage.
Ancak bu 50 yıllık süreçte, en büyük sancımız, sürekli anlatmaya çalıştığımız bazı yapısal hatalardır:
Structural Challenges
Yet, throughout this 50-year journey, one of our greatest concerns has been a big structural challenge we have consistently sought to address in Turkiye:
Productivity
Due to insufficient adoption of modern agricultural techniques because of small orchard scales, our average yield has remained much lower than that of our global competitors.At BALSU, our greatest driving force has always been our determination to generate solutions in the face of adversity. We will remain steadfast also in this commitment.
Social Responsibility and Ethical Agriculture
Beyond being one of the sector’s largest organizations by revenue, we are also a pioneer in social responsibility initiatives. We are the unwavering advocates for the elimination of child labor. Through projects we have sustained for over a decade, we have contributed to improving the lives of tens of thousands of children.
In a country with more than 460,000 producers, we have initiated also the journey toward 100% traceability in hazelnut production.
In our country, where there are more than 460,000 producers, we have launched the 0 traceability journey for hazelnuts.
This initiative will not only elevate quality to the highest level but also serve as our most effective tool in eliminating child labor.
Global Strength and New Horizons
Chile Expansion: As of this month, by establishing one of the most significant processing facilities in Chile—a leading competitor country—we have further reinforced Turkey’s mark on the global hazelnut trade without the barriers of seasons.
Public Offering and Responsibility: With our transition to a publicly listed company, we are fully aware that our responsibilities have grown even greater. For us, success is not a place to rest, but a continuous step forward.
Strategic Innovation: Achieving a global first, under our HENDEX brand, we have succeeded in producing Activated Carbon—of strategic importance to our country—from hazelnut shells. Within this year, we plan to commence initial deliveries, meeting domestic demand while also targeting export markets.
I would like to extend my sincere gratitude to everyone who has supported us and stood by us throughout this journey.
Sincerely,
Founder
Hasan Cuneyd Zapsu
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1979
- The Zapsu family started importing hazelnuts with their company A&C Marketing GmbH, and their first customer was Ritter Sport.
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1985
- Balsu Food Company
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1994
- Balsu USA organization
- Establishment of a hazelnut processing plant in Hendek, Sakarya.
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1996
- Establishment of a hazelnut processing plant in Hendek.
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1999
- A&C Marketing's transformation into Balsu Europe.
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2008
- The Young Life Foundation was established by the Zapsu family to combat the problem of child labor in Türkiye.
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2014
- Investments in automation technology
- Rainforest and Fair Labor Association Membership
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2017
- Balsu Agro Chile establishment
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2018
- Balsu Asia organization
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2019
- Cooperation with the International Labour Organization
- Balsu crushing and production plant equipped with engineering expertise and holding international patents.
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2019
- Balsu Industries Chile establishment
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2021
- New investments include smart warehouses for storing shelled hazelnuts, solar roof panels for energy production, and local area warehouses to increase direct producer access.
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2022
- Additional capacity and productivity investments
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2024
- Hendex Active Carbon investment
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2025
- Initial Public Offering (IPO): The largest IPO on BIST in the last twelve months.
Hasan Cuneyd Zapsu
Chairman of the Board
Muzaffer Taviloğlu
Deputy Chairman of the Board
Ahmet Bilge Anbarlılar
Board Member
Vincenzo Morelli
Board Member
Ahmet Cemil Taner
Independent Board Member
Aysin Akman
Independent Board Member
BALSU, which has had the world's most distinguished chocolate and confectionery producers among its customers for 46 years, is one of the world's leading hazelnut industry and export organizations with its state-of-the-art production/logistics facilities in Sakarya and Ordu, 6 regional purchasing centers, and direct sales offices in the USA, Germany, Hong Kong, and Istanbul. Believing in quality production rather than quality control, BALSU continues its journey to become the "best" in the world with persistence and determination.
BALSU Europe GmbH is based in Munich and was established in 1999 through the acquisition of A&C Marketing GmbH, a company founded by our founder in 1978. It meets the hazelnut and hazelnut product needs of our customers across mainland Europe with the most efficient logistics solutions.
BALSU USA Inc., our first international entity, was established in 1994. Our Portland office serves as the first point of contact for our clients in the US, Canada, and the Americas in general.
Established in Hong Kong in 2018, BALSU Asia serves as the first point of contact for our clients in the Asia-Pacific region.
Balsu made its first international agricultural investment in Chile in 2017 by establishing Balsu Agro Chile SpA. Since 2017, agricultural land has been purchased, and tree planting was completed in 2021. Today, the company has reached a total of 70,000 hazelnut trees on 160 hectares of land.
Balsu Industries Chile SpA, established by Balsu in Chile in 2019, will process hazelnut varieties using high technologies in its facilities and market them to European, American, and Far Eastern countries. With this investment, Balsu aims to play a significant role in further increasing its global market share in the hazelnut trade.