Elaia Zeus SA, a company controlled by investment fund Diorama Investments SICAR SA and part-owned by the investment fund Elikonos 2 SCA SICAR, announces its acquisition of Minerva SA Edible Oils & Food Enterprises.
DECA Investments AIFM Chief Investment Officer, John Kalantzis, said: “I would like to thank all those who have worked hard over recent months to complete the transaction. We will work with Minerva’s excellent human resources to further enhance the company’s growth potential”. Minerva’s new Board of Directors is comprised of D. Takas, Chairman; A. Giannakakos, Executive Director; John Kalantzis, N. Koulis, A. Katsouridis, P. Solomos, Members. Ch. Bonou, K. Antonopoulos and O. Tsaka will participate on the BoD as observers.
MINERVA Food Enterprises constantly strives to optimize energy management as part of its environmental policy to reduce the energy footprint of its activity. To achieve this, MINERVA has implemented and is certified to the new energy management systems standard ISO 50001:2018 for its Schimatari and Ioannina sites, by the BM TRADA certification body. The new […]
At the end of 2020, a year full of economic and commercial challenges, Minerva S.A. Edible Oils Enterprises’ sales amounted to €49.6 million. The company has entered a dynamic growth phase, expanding its activities to new food sectors through new acquisitions. More specifically, turnover for the 2020 financial year amounted to €49.6 million, 14.5% of […]
On 2 July the agreement was completed for the transfer of the tomato products sector from ELAIS-Unilever Hellas to MINERVA, including the brand names Pummaro and Pelargos and the tomato processing factory in Gastouni, Ilia. MINERVA welcomes to its family, Pummaro, a leading brand in the tomato product category in Greece, to enhance its presence […]
