Weekly M&A Debrief (07/09/2026-13/09/2026)

By George Moschovis and Theodoros Kouzigiannis

RUMOURS AND OTHER DEVELOPMENTS

1)     Petros Petropoulos Signs Term Sheet to Acquire Tzortzis for €6.5m

Petros Petropoulos signed a term sheet to acquire a 100% stake in Tzortzis, an authorized retailer and service provider for Jaguar Land Rover vehicles in Greece, for a total consideration of €6.5m. The definitive agreement remains subject to the completion of financial and legal due diligence and to any required Hellenic Competition Commission approval. The target company generated sales of c. €19m in 2025 across its two retail locations in Attica. The planned transaction aligns with the buyer's expansion strategy in the automotive retail and maintenance sector.

2)     Interamerican Agrees to Acquire Gan Direct's Motor and Property Portfolio in Cyprus

Interamerican, a member of Achmea, agreed to acquire the motor and property insurance portfolio of Gan Direct in Cyprus, which it will integrate into Anytime, its direct insurance brand. Completion remains subject to the approval of the competent supervisory authorities. Interamerican states the transaction strengthens its position in the Cypriot market and its footprint in digital insurance.

3)     Fourlis Agrees to Contribute Wellness Market to DrP Group for a 15% Stake

Fourlis signed a definitive Subscription Agreement on 9 September 2026 to contribute 100% of Wellness Market, the operator of the Holland & Barrett brand in Greece, to DrP Group in exchange for a 15% stake. The existing shareholders will retain the remaining 85%, with Fourlis taking a board seat and customary minority protection rights. No cash consideration was disclosed and completion remains subject to customary conditions precedent.

4)     METLEN Agrees to Sell the Tamarico II Solar and Storage Project in Chile to Copec

METLEN agreed to sell Tamarico II, a 165 MW photovoltaic plant combined with a 725 MWh battery energy storage system in Chile, to Copec Flux, a subsidiary of Copec. No financial details were disclosed. The disposal forms part of METLEN's asset rotation model and extends a three-year commercial relationship with Copec.