Global Finance acquires controlling stake in Andromeda Acquacultures

Global Finance acquired a majority stake in Greek Andromeda Aquaculture S.A.

Andromeda Aquaculture S.A. (www.andromeda-aquaculture.gr)
Andromeda was established in 1998 by Mr. Christos Giannopoulos, the founder of Riopesac, which was the largest fry production unit in Europe in Sea Bream and Sea Bass in the early 90’s. Andromeda ranks among the top five companies in Greek aquaculture industry.

Andromeda’s headquarters are located in Rio (Patras – Greece), with its production facilities located along the coast of Western Greece.

Global Finance (www.globalfinance.gr)
Global Finance is an independent investment firm. Founded in 1991, the firm has offices in Athens, Bucharest and Sofia has been investing in South-Eastern Europe. Today it manages over € 700 million in funds having made more than 60 investments targeting private equity and real estate investments.