Koç Holding traces its historical roots back to a small family-owned grocery and trading enterprise established in Ankara by Vehbi Koç during the early 1920s. Over subsequent decades, the enterprise expanded aggressively from domestic trade into industrial manufacturing, pioneering strategic joint ventures with global multinational giants to produce automobiles, home appliances, and refined petroleum products. By institutionalizing professional management structures, entering the banking sector, and listing on the stock exchange, it evolved into Turkey's first and largest modern multinational holding corporation.