Market bomb: ION’s acquisition of Lavda

A huge new deal was announced today by Spyros Theodoropoulos with ion To buy it Lavdas. Lavdas Company is Greek candy production company Its headquarters are located in Argyropoli, Attica. It was founded in 1953 by Fanes Lavdas in a small unit in Kerameikos. Since 1953, Lavdas candy has been associated with small, everyday tasting pleasures.

especially, ION and Lavdas have agreed to acquire 75% of the Lavdas caramel factory from the historic chocolate factory.

The merger of the two historic Greek companies will create economies of scale and enhance their growth in the markets in which they operate, creating additional value for employees, partners and consumers.

ION SA, with a history dating back 94 years, was also active in the confectionery industry from 1930 to 2016, bringing distinctive products to the market. Lavdas SA has been active in the field of candy manufacturing since 1953, and has achieved great success in the Greek market, while in recent years it has penetrated the markets of Europe, the United States, Asia and the Arab countries, where it accounts for more than 50% of its production. products . Another big success is the creation of product ZERO.

Mr. Spyros TheodoropoulosReferring to the completion of the acquisition, the Vice President of ION SA said: “Today we announce a very important agreement for our industry. It gives us great pleasure to welcome another historic Greek company, Lavdas, to our family. We share the same values ​​and spirit with the people who built this Great company. Our goal is to develop and enhance extroversion so that we can continue to bring our products to more consumers around the world.”

In their joint statement on the agreement, Lavdas SA shareholders said. “We are excited that our company finds in ION an important partner,” they said. “With ION’s guidance, and incorporating our own expertise in the confectionery space, we will continue to grow and innovate, while maintaining the quality and values ​​that have built our brands and our unique heritage.”

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