Mergers and Acquisitions in the Greek Food & Beverage Sector

2025 is expected to be a year of intense business activity in the Greek food and beverage sector, with many deals shaping the landscape. The sector's turnover reaches €20 billion, representing 27.7% of manufacturing and being the largest employer with 376,000 direct and indirect jobs, according to the president of the Hellenic Food Industry Association, Ioannis Giotis.

Significant deals of 2024:

• Leader completed the acquisition of "Ellinikes Farmes."
• Ellinika Galaktokomeia Group acquired Dodoni dairy industry.
• IDEAL Holdings acquired Barba Stathis and 90% of Halvatzis Makedoniki.
• Alfa Ath. Koukoutaris SA acquired a majority stake in the Canadian Trio Bakery Inc.
• Ambrosia AE (Bespoke-SGA Holdings AE) acquired 70% of 3P SALADS AE.
• Kyr-Gianni acquired Ktima Sigala.
• Premia Properties acquired Ktima Semeli.
• Ellinika Galaktokomeia AE acquired Kampos Chiou Juice and Soft Drinks Industry SA.
• ION bought 100% of the shares of INTERION AD in Bulgaria.
• MINERVA Olive Oil Enterprises and Food SA acquired the Altis and Elanthi trademarks.
• EOS Capital Partners acquired a minority stake in Megas Yeeros.

Additionally, Switz Group acquired "The Bakers in the Hood" stores, while the sale of Avramar is in progress.

For 2026, activity in the sector is expected to remain strong, with an emphasis on strengthening competitiveness and extroversion.