AKTOR Group of Companies officially announced that it has completed the largest acquisition successful its history, acquiring 100% of the shares of AKTOR Concessions from ELLAKTOR Group for a nett terms of 194.6 cardinal euros and “entering a caller epoch of growth, which places it astatine the top of the market”, arsenic it specifically stated.
According to the authoritative announcement, with the integration of AKTOR Concessions into the AKTOR Group, a large rhythm successful the infrastructure assemblage is completed, which marks the drastic strengthening of the Group and is accompanied by a important fiscal bequest for the future, arsenic the acquisition of AKTOR Concessions ensures strong and predictable flows connected its way towards the future.
In operation with its existing oregon planned investments, AKTOR Group is gathering the healthiest and 1 of the largest portfolios of PPP and Concession projects successful Greece, accelerating the implementation of its concern plan, which aims to diversify its revenues and make value for its shareholders.
Commenting connected the completion of the acquisition, AKTOR Group Chairman and CEO, Alexandros Exarchou, stated: “The acquisition of AKTOR Concessions is simply a large milestone successful the past of our Group. We are gathering the healthiest and 1 of the largest portfolios of PPP and Concession projects successful our country, which will importantly strengthen the institution and accelerate its strategic planning, offering stable and predictable flows for the aboriginal and ensuring sufficient revenues for the times when the opportunities of the traditional operation marketplace will beryllium smaller.”
Exarchou added: “In little than two years, we person successfully completed each the large acquisitions we had acceptable arsenic our target. We are implementing our program for the aboriginal with reliability and determination and are gathering a strong concern Group, with investments successful caller fields, which make value for our shareholders. The caller epoch for our Group has begun and we are pleased that AKTOR Concessions is present portion of AKTOR.”