By Nikos Tsolakis, Dimitris Chatziasimiadis, Zeynep Giousemoglou, Thanasis Ntatsis and Dimtris Machairas Theon Acquires 9.8% of Exosens for €268.7m Theon International reached an agreement with three of Groupe’s subsidiaries to acquire a 9.8% stake in Exosens for €54 per share, for a total transaction value of €268.7m. UBS and Citi will provide a bridge facility to finance the acquisition, which will later be refinanced through the issuance of new debt and equity shares.   U

By Nikos Tsolakis, Dimitris Chatziasimiadis, Zeynep Giousemoglou, Thanasis Ntatsis and Dimtris Machairas OB Streem Eyes a Double Acquisition in The Logistics Sector HIG Capital, through its portfolio company, OB Streem, is in advanced talks to acquire two logistics solutions providers, Med Frigo and Eurofreight. The stake that OB Streem is planning to acquire in each target is still unknown. The Targets Med Frigo  is a Greek private equity-backed company, specializing in col

Special Biweekly version of our M&A Debrief

By Nikos Tsolakis, Thanasis Ntatsis and Zeynep Giousemoglou Returning after the summer break, this Weekly Debrief features ION's strategic investment in Ellinikon, Unicredit's stake increase in Alpha Bank, and the acquisition of the historical meat processing company Nikas S.A. by Ifantis. Deal Between Lamda and ION Group for R&D Center in Ellikon   The Deal: LAMDA Development has accepted a binding offer, valued at €450m, from ION Group for land within The Ellinikon Proje

By Nikos Tsolakis, Thanasis Ntatsis and Zeynep Giousemoglou Our last weekly Debrief before our August break features 4 transactions, including Theon's acquisition of Kappa Optronics, a strategic move that strengthens the company's position in the regional defense industry. TITAN and Molins Acquire Baupartner.   The Deal: The Titan Group and Molins are set to acquire 80% of Baupartener , while the company’s founders will retain a minority stake. Through this strategic move,

By Nikos Tsolakis, Thanasis Ntatsis and Zeynep Giousemoglou Interesting developments in the Greek M&A landscape, with AXIA Ventures appointed as the financial advisor in two landmark transactions in the renewable energy and hospitality sectors. Also, a white knight has appeared in the Avramar case while the deal is in the closing stages, as Alma Advisors advises on another deal involving an SCI and debt financing. Principia Acquires 100% Stake in EDPR’s 150MW Wind Portfoli

By Nikos Tsolakis and Zeynep Giousemoglou We combined the last two weeks' worth of content into a single article to due to both time constraints and the lack of significant developments. The deal that stood out this week was Euroclinic's acquisition by Generali, indicating further consolidation in the healthcare sector as Generali seeks to become an integrated insurance and health provider in Greece. Double Acquisition from Alter Ego Media   The Deal: Alter Ego Media acquired

Find out more about the cross-border acquisition of Bally's International Interactive

This week's M&A Debrief feautures 6 M&A deals in the Greek Market

By Nikos Tsolakis and Zeynep Giousemoglou In our most extensive article yet we cover one of the most active weeks for the Greek M&A scene in a long time. Intralot's international expansion through a €2.7b deal is the week's landmark deal, with Euronext's bid for ATHEX not falling far behind. We also cover two deals in the renewables industry by Aktor and HelleniQ, the acquisition of Dodoni by Hellenic Diaries and the expansion of Real Consulting in the Balkans. Euronext ha

By Nikos Tsolakis and Zeynep Giousemoglou This week the acquisition of Euromedica clinics by Errikos Dynan is in the spotlight, signaling increased interest in a sector in which large international funds such as CVC and Oaktree hold significant positions. There were also two transactions, a majority acquisition and a tender offer, involving listed entities in both Greece and the U.S. Lastly AstroBank’s acquisition by Alpha Bank was completed this week with only regulatory app

By Nikos Tsolakis, Thanasis Ntatsis and Zeynep Giousemoglou Plenty of action in the Greek M&A scene this week, as Nikos Vardinogiannis is set to complete 2 minority investments through his family office and subsidiary respectively, Alpha Bank increases its exposure to real estate through Prodea and Qualco expands its capabilities through the Empedus acquisition. This week's article features a foreign transaction as well, due to the fact that the sell-side advisor was a dynami

This week the upcoming acquisition of Dodoni by Hellenic Dairies stands out as a strategic move which will allow the latter to capture additional market share by acquiring an established local leader in the cheese products industry. Other deals include Eurobank acquiring the remaining minority of Hellenic Bank through a squeeze-out process and Flexopack expanding its presence in New Zealand. Eurobank acquires the remaining shares of Hellenic Bank Eurobank S.A. has completed t

A reletively quiet week for the Greek M&A scene with the local private equity funds being the most active participants. One investment and one divestment from DECA and Elikonos respectively were the most important news of these past days, while Metlen signed an NBO for the majority purchase of a Bulgarian company. Labelys acquires ETPA Packaging Elikonos 2 C.A SICAR announced its successful exit from ETPA Packaging through the sale to the French multinational Labelys. ETPA ha

Howden acquires CERESOLE By acquiring CERESOLE Insurance Agents, a company renowned for its expertise in foreign health coverage, yachting, property, liability insurance, international insurance, and reinsurance Howden aims to expand its Greek portfolio. With over 80 years of combined business experience, CERESOLE contributes extensive knowledge, lasting client connections, and a solid reputation for providing upscale services. This acquisition aligns with Howden's strategic

Hlacyon's strategic investment in Evoiki Zymi

CVC Eyes Exit from Delta as Vivartia Unwinds Nearly 20 years after its formation, Vivartia Group (Dairy & Beverages, Frozen Foods, Food Services) is undergoing a divestment phase from its owner, CVC Capital Partners, and its underlying divisions are being carved out and are now up for sale. CVC is currently valuing Delta — the dairy and juice unit — at approximately €350 million , excluding existing debt. The pool of potential buyers includes local strategic players such as

M&A Activity in Greece Sees Significant Uptick Amid High-Profile Transactions M&A activity in Greece has surged in recent weeks, with several notable transactions announced by both strategic investors and financial sponsors. The increased deal flow underscores the growing dynamism of the Greek market, driven by private equity investments, financial sector consolidation, and strategic expansion efforts. Halcyon Equity Partners Accelerates Deployment with Two Investments Halcyo

Alpha Bank continues its dynamic course in mergers and acquisitions, aiming to enhance its financial footprint and optimize its capital...

The first big acquisition of the year by Ideal Holdings