Work Highlights

Sale of Major Cosmetics Company

Stathis Potamitis and team advised the shareholders of a major Greek cosmetics company in the sale of a majority stake to an international fashion and fragrance firm.

Food Company Restructuring

Euripides Ioannou and team represented the financing banks in the context of the negotiation and implementation of an investment and debt restructuring agreement for one of Greece’s cured meat companies. The project involved, among other things, a €20 million investment in the company’s share capital by a third party investor which is one of Greece’s largest food companies, a restructuring of debt valued at approximately €81 million and a debt to asset swap of a commercial real estate property located in Athens, Greece.

Acquisition and Transfer of Assets in Pharmaceutical Sector

Alexandros Kortesis and his team advised the local arm of two multinational leading pharmaceutical companies on the transfer of assets of a gastroenterology medicine for patients with mild to moderate Crohn’s disease and ulcerative colitis in Greece with an estimated global value of $215m.

Merger in Printing Services’ Sector

Alexandros Kortesis and his team advised the local arm of a leading printing company in the merger of its two subsidiaries in Greece.

Wind Farm Financing

Euripides Ioannou and team advised one of Greece’s largest energy groups in relation to a €60 million mezzanine facility for the financing of the development and construction of a 155,4MW wind farm in Texas, USA.

Largest Leisure Transaction of 2016

George Bersis and team advised on the privatization and sale of a trophy real estate. The transaction involved the sale (by the Hellenic Republic and a Greek bank) of a landmark hotel complex through an international tender and it was the largest leisure transaction of 2016.

Acquisition of Hotel

George Bersis and team advised a hotel group on the acquisition financing of a large hotel asset located in the island of Kos.

Supermarket Chain Restructuring

Stathis Potamitis and team represented the four systemic banks in the context of a €525m debt restructuring of a major supermarket chain.

Acquisition of Major Insurance Company

Stathis Potamitis and team advised an international group in the acquisition of a major domestic insurance company with a value of €300m.