Evren Kayakiran, who was designated in February for directing Turkey-based Elsim Elektroteknik Sistemler Sanayi ve Ticaret Anonim Sirketi to evade U.S. sanctions against Iran, owns another firm that exports products to the U.S., Iran, Europe and the Middle East.

Kayakiran was placed on the Foreign Sanctions Evader (FSE) list, which identifies individuals and entities connected to violations of U.S. sanctions against Iran and Syria, or have caused, attempted to cause or conspired to cause them.

Kayakiran served as managing director of Elsim in March 2013 when it was bought by Virginia-based Kollmorgen Corp., and continued working at the firm after the acquisition. During the course of the acquisition, Kollmorgen ordered Elsim to immediately cease business with Iran and required it to certify that no Elsim products or services were being sent there.

However, Kayakiran maintained Elsim’s business with Iran for two years, pressuring employees with threats of termination if they reported the conduct to the U.S. parent, according to the designation statement. And upon being notified of a Kollmorgen investigation, Kayakiran and Elsim managers tried to obstruct the probe, the Treasury said.

The Treasury announced a settlement with Kollmorgen concurrently with its designation of Kayakiran, and stressed that the company had made extensive efforts to comply with the U.S. sanctions requirements and get its subsidiary in line, according to the settlement documents.

Kollmorgen was acquired in October 2018 by Altra Industrial Motion Corp., which then became the ultimate owner of Elsim, according to an Altra regulatory filing. Elsim is no longer a part of Kollmorgen, the filing indicated.