In the hands of the businessman, Spyros Theodoropoulos, it seems that the chocolate industry IONaccording to information from market executives.
According to the sources, Mr. Theodoropoulos and the head of ION, Tina Kotsiopoulou, niece of the late founder of the company “Brothers I. Kotsiopoulos”, Giannis Kotsiopoulos, are close to an agreement.
Spyros Theodoropoulos’s goal is to create a business group similar to the one he tried to set up together with Dimitris Daskalopoulos in 2005.
It is not ruled out that there may be a partnership from other private funds, entrepreneurs with whom Mr. Theodoropoulos has collaborated in the past.
In 1988 Kraft Jacobs Sushard acquired 24.5% of ION, but a percentage which was recovered ten years later by its main shareholders and especially the then major shareholder, Ioannis Kotsiopoulos.
The turnover of the company
In 2020, ION Group had a turnover of 118.9 million euros, compared to 118.84 million euros in 2019. Respectively, pre-tax profits were 11.69 million euros, from 14.26 million euros respectively in 2019. Of the total sales of the company, an amount of 102.8 million euros for 2020 corresponded to sales of the company in the Greek market, compared to 102.4 million euros in 2019. Exports resulted in sales of 11 million euros for 2020, from 11.18 million euros in 2019.
The company also maintains a subsidiary in Sofia, Bulgaria.
This subsidiary strengthens the company’s presence in the Russian market, while it also produces Nucrema products.
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