Elikonos 2 S.C.A. SICAR – Acquires minority stake in Select Fish – € 7 million investment

Elikonos 2 S.C.A. SICAR announces its tenth investment of 7 million euros and the acquisition of a minority stake in Select Fish SA. Select Fish is active in the field of fish processing and packaging and is the largest distributor of salmon in the domestic market. The customer portfolio of Select Fish consists of supermarket chains and fish traders both in Greece and abroad. Select Fish has long-term collaborations with the largest fish farming companies in Greece and abroad, operates in Greece since 1995 and employs 120 staff.

Elikonos 2 S.C.A. SICAR, a venture capital investment of 85 million euros, aims to finance developing Greek Small and Medium Enterprises (SMEs). Elikonos 2 S.C.A. SICAR is raising funds from the EquiFund Business Holdings Fund, an investment platform of the Greek State and the European Investment Fund (EIF), from the Hellenic Development Bank, from the European Bank for Reconstruction and Development (EBRD), from the European Bank for Reconstruction and Development (EBRD). EIB) and other institutional and private investors. Elikonos 2 S.C.A. SICAR is managed by Elikonos Capital Partners S.a.r.l., which has been active in the field of venture capital since 2012 with total managed funds over 100 million euros.

Equifund is funded by the Greek ESIF Fund of Funds TAESYM from the European Union / European Regional Development Fund / Competitiveness, Entrepreneurship and Innovation (EPANEK) Operational Program (EPANEK) ), the EIF and Institutional Investors, and aims to facilitate access to finance mainly for small and medium-sized enterprises by establishing Venture Capital in Greece in cooperation with authorized intermediary financial institutions