By Nikos Tsolakis, Zeynep Giousemoglou, Stavroula Bichta, Dimitris Machairas, Angeliki Stampouli and Thanasis Ntatsis TRANSPORTATION 1) Aegean Acquires 45% Stake in Apella Aegean Airlines S.A., through its subsidiary Olympic Air, has acquired a 45% stake in Apella Monoprosopi S.A., a Greek aircraft and aviation material maintenance company. The transaction involves a purchase of existing shares and a share capital increase, with Dr. Nikos Kontogiannis retaining his 55% share

By Nikos Tsolakis, Zeynep Giousemoglou, Stavroula Bichta, Dimitris Machairas, Angeliki Stampouli and Thanasis Ntatsis MATERIALS 1) Kyklos Participations Reaches 95.96% Stake in Akritas Kyklos Participations S.A. completed its voluntary public offer for Akritas S.A., acquiring an additional 5.69% stake, corresponding to c.1,541,873 shares, and increasing its total ownership to 95.96% of voting rights. The offer was priced at €1.08 per share in cash and allows the bidder to exe

By Nikos Tsolakis, Zeynep Giousemoglou, Stavroula Bichta, and Dimitris Machairas FOOD & BEVERAGE 1) Elliniki Zymi: Add-On Deal Signals Exit Momentum Vivartia’s Elliniki Zymi, controlled by CVC Capital Partners, completed a low-profile add-on acquisition in 2025 with the purchase of Trofognosia SA, a Crete-based frozen dough producer. The deal comes as Elliniki Zymi posted more than €160m in turnover and improved EBITDA, pushing indicative valuations above €400m. Market source