At a glance
Founded in 2003
Location: Larisa
Certified Products
Strong revenue growth over the past 5 years
Growth
The Company has its own state of the arts production facilities of 13,500 sq.m. and an ultramodern plant of 5,600 sq.m., in a privately owned space of 20,000 sq.m. in the industrial area of Larissa.
Company’s plant has 4 independent production lines, while during FY21 the Company implemented an upgrade of the production facilities (c. €4m investment) which led to an increase of its total production capacity from 34,000 packs per hour to 42,000.
The Company consistently delivered sales of c. €25m during the last five years, at a very attractive EBITDA margin of c. 20% as the fully automated facilities combined with the significant production volumes allowed the Company to operate at high profit margins, positioning itself at the higher end of the market.