Turkish businessman Mehmet Hattat has an estimated net worth of $1.2 billion as of March 2013 according to Forbes. He currently serves as the President of Hattat Holding which holds interests in real estate, industry, construction, energy and tourism. The company is currently expanding into thermal energy. Its operation started in summer last year with production in numerous mines found in Northern Turkey..

In addition to Ferrari tractor distribution, Mehmet Hattat specializes in providing power steering systems as well as hydraulic steering and brake systems for producers of commercial vehicles. It produces tractors, transaxles, transmissions, valves, hydraulic pumps, cranks, and hydraulic lifts. It also produces natural gas and hard coals. Furthermore, Hattat Holding supplies components for manufacturers of construction, agricultural automotive equipment.