Established in New York in 2009 with an initial paid-in capital of $700,000, Sedesco is the trading, asset management, retail operation and business development portal for SEDES Holding of Istanbul, Turkey in the United States. Under common ownership, Sedesco is affiliated with Gratis, ElectroWorld, Demas, Doysa Air, Odesa Polymer and Sedes Insurance.
At the present, the Corporation is managing a residential/commercial building in Manhattan, New York City and its is also actively seeking the acquisition of other real estates in the prime locations in the Upper East Side of Manhattan, New York. In the short run, the Corporation will create concepts for project development and transform them into trademark investments.
Sedesco is in contact with numerous national, local and private label manufacturing companies whose products are being sourced for its sister company Gratis, a convenient store chain in Turkey. There are currently 4,000 items offered at Gratis, including but not limited to basic durable daily consumption goods, cosmetics, personal care products, household goods, baby products, snacks and accessories.
Sedesco is also pursuing third party commodity and finished goods trading opportunities between the United States and Turkey.