EOS Capital Partners

Sales of Larissa-based Hellenic Juices exceeded €30 million for the first time in 2023, the company announced Friday.

Specifically, turnover rose to €35.12 million from €29.78 million in 2022 and pretax profit to €2.45 million, 21.7% higher than the €2.013 million posted in 2022. And indebtedness was sharply reduced, to €23.53 million in 2023 from €35.08 million at the end of 2022.

The local logistics industry is a magnet for acquisitions and mergers, so the concentration process continues in this particular market, where fragmentation is a key feature.

British firm JD Sports, one of the strongest companies in the sporting goods sector globally, acquired 80% of the Greek sportswear chain Cosmos Sport, in which the EOS Capital Partners fund of Apostolos Tamvakakis had recently invested.