EOS Hellenic Renaissance Fund (EHRF) invests in Minerva S.A.

EHRF, managed by EOS Capital Partners (EOS), announces its first investment of € 5m in Minerva SA, a leading food company in Greece with international presence. EHRF has coinvested in Minerva with two Greek private equity funds, Diorama Investments SICAR SA and Elikonos 2 S.C.A. SICAR.

About Minerva S.A.

Minerva SA has a long history of over 115 years and is one of the most well-known brands in Greece.

Minerva is established through the company’s long-standing presence in the domestic retail market holding leading market shares in bottled olive oil market, spreads (margarines and butter), packaged white cheese and vinegar. The company offers a well-diversified and innovative product portfolio across 10 well-known brands (Minerva, Horio, Top, Fast, Benecol etc.), with strong cross selling potential and it is one of a few companies to offer a complementary basket of Greek products abroad.

About EOS

EOS is the external Alternative Investment Fund Manager of EHRF, a private equity fund with approx. € 120m in AUM, focusing in growth capital investments in Greek SMEs across all sectors. The key cornerstone for the creation of EHRF, was its participation in the Equifund Fund of Funds program. EquiFund investment platform is an initiative created by cooperation between the Hellenic Republic and EIF. It is financed by the Greek ESIF Fund of Funds TAESYM under the European Union / European Regional Development Fund / Operational Programme EPANEK, the EIF and private investors, with the objective to facilitate access to finance, mainly to SMEs, by developing the Venture Capital/Private Equity (“VC/PE”) in Greece in cooperation with selected Financial Intermediaries.

EOS investment strategy focuses on SMEs with a healthy financial position and a solid value proposition looking for capital to achieve their growth potential either organically or inorganically through mergers and acquisitions.