Joint Venture of a Greek plant bakery with a Belgian family-owned company active in baking sector

George Bersis and team acted as legal advisors to Bake Hellas SA for the creation of a joint venture with NV La Lorraine Bakery Group with regard to Greece, Cyprus, North Macedonia and Albania.

Sale of the majority holding in a company listed on ATHEX, to a private equity fund

George Bersis and team acted as legal advisors to the seller for the sale of the majority holding in a company listed on ATHEX, active in the carton packaging industry, to a private equity fund. The transaction was completed on 31.12.2021 and also involved the sale of minority holdings, with a total consideration of approx. € 28m.

Reverse merger of five holding companies through absorption by the operating companies

George Bersis and his team advised the leading investor in leisure hotels in southern Europe, on the reverse merger of five holding companies via absorption by their subsidiaries, which are companies operating hotels in Greece.

Sublease of two five-star hotels, by a leading international travel and tourism group

George Bersis and team acted as legal advisors to a leading international travel and tourism group for the sublease of two five-star hotels in Syvota and Lemnos. The transaction was completed on 30.12.2020.

State aid in the aviation industry

Dimitris Loukas and team advised a major network airline based in Greece in relation to the European Commission’s approval of a State support measure in the form of a direct grant to compensate the airline for damages directly caused by the COVID-19 outbreak and the travel restrictions imposed by Greece and other destination countries to contain it.

Tender Offer of a listed company, active in the telephone information sector

George Bersis and team acted as legal advisors for the LBO and tender offer regarding the acquisition of the minority shares of a listed company, active in the telephone information sector. The squeeze out and delisting threshold was not achieved but the bidder reached an 89% stake in the listed entity.

Tender Offer for a Real Estate Development and Management Company

George Bersis and team advised a listed company, active in the real estate development sector, regarding a tender offer for its shares’ acquisition.

Acquisition of landmark plot in Corfu

George Bersis and team advised a leading hotel platform on the acquisition of a company owning a landmark beachfront land plot in Corfu and on the financing of the transaction.

Share capital increase with contributions in kind with a total value of €20m in a company listed on ATHEX, active in the real estate development industry

George Bersis and team acted as legal advisors for the share capital increase with contributions in kind, with a total vaue of €20m, of a company listed on ATHEX, active in the real estate development industry. The share capital increase signifies the entry of a new investor in the shareholders structure of the company, through contribution of two logistics real estate assets located in Aspropyrgos, Attica, Greece, as well as the integration of a concession for the operation of 10 schools in Attica into the company, through contribution of the concession entity by the controlling shareholder.