Ideal Holdings is in discussions with a company of the Coca-Cola HBC group for the sale of its 100% stake in ESM Effervescent Sodas Management Limited (Three Cents), as it informed the Athens Stock Exchange in a relevant letter.
Specifically, the company states: “Following a question from the Capital Market Commission regarding a press article, entitled “Rumors of a deal between Ideal and 3E (Coca cola) regarding the production company of premium soft drinks Three cents!”, we inform you that our company is at the stage of discussions with a company of the Coca-Cola HBC group for the sale of its 100% participation in ESM Effervescent Sodas Management Limited (Three Cents)”.
“However, to date, no definitive and binding agreement has been signed between the parties for this sale,” the company clarified.
“As soon as the discussions are successful and an agreement is signed between the parties, our company will immediately publish a relevant announcement, in accordance with the written provisions, with which it will clearly inform its shareholders and the wider investment public, about any transaction”, concludes the Ideal Holdings announcement.
Three Cents
The innovative premium mixers & tonics company was founded at the end of 2014 in Great Britain by Vassilis Kalantzis, George Bagos, Dimitris Dafopoulos and George Tsirikos, with the aim of offering HORECA professionals a premium and different product.
Three Cents products are exported to more than 34 countries, and in 2022 sales abroad are expected to exceed sales in Greece, despite the fact that Greece will set a sales record.
The company’s sales for 2021 amounted to 7.7 million euros, while EBITDA amounted to 1.5 million euros.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Economist: Greece Included in the Best Performing Economies in 2024
Meanwhile, Northern European countries disappoint, with sluggish performances from the United Kingdom and Germany.
EasyJet Expands Its Routes from Athens
The airline’s two new routes will be to London Luton and Alicante and they will commence in summer 2025.
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.
ELSTAT: Seasonally Adjusted Unemployment Down in October
The number of employed individuals reached 4,284,694, an increase of 67,723 compared to October 2023 (+1.6%) and 22,002 compared to September 2024 (+0.5%).
Greek PM’s Chief Economic Adviser Resigns
In the post on his Facebook page, Patelis did not disclose the reasons that led him to step down.
“Masdar Invests in the people of Greece and in the vision of TERNA ENERGY”
Four messages from the CEO of Masdar, the Arab renewable energy giant, after its acquisition of 70% of TERNA ENERGY
Lloyd’s List Greek Shipping Awards 2024: Honors for leading companies and personalities in the Greek shipping sector
20 awards presented at the 21st annual Lloyd's List Greek Shipping Awards
