Marfin Investment Group acquired a 30% stake from the main shareholders of Vivartia for a price of € 25 per share, valuing the sake at about € 550 million and the company at about € 1.8 billion.
Vivartia S.A. (www.vivartia.gr)
Vivartia is involved in the dairy business, ice-cream market, fresh juices market, frozen food market and processing of ready-made meals and milk.
Vivartia is quoted on the Athens Stock Exchange.
Marfin Investment Group (www.marfininvestmentgroup.com)
Marfin Investment Group Holdings S.A., formerly Marfin Financial Group S.A. Holdings, is a Greek financial institution. The Company principally invests in such sectors as food and beverages, telecommunication, health, information technology, shipping, hotel and casinos, real estate, as well as in the banking and financial companies.
13/07/2007
Central & Eastern Europe, Food Industry and Beverages, Greece, Investment, Private Equity News