Another investment move from the family Antetokounmpothrough the company ANTE INC.
This time, the “Greek Freak” and his brothers decided to enter her industry of Greek winemaking.
Analytically:
They joined forces with Hellenic Wineries, a holding company which in 2022 acquired BOUTARI Wineries, one of the most iconic wine companies in Greece with more than 100 years of presence and recently IOLI natural mineral water.
The Antetokounmpo family will acquire approximately 10% of GREEK WINES, driven by their deep interest in agriculture, their passion for exporting Greek products internationally and their desire to support the development of a historic sector such as winemaking.
The Antetokounmpo’s decision to invest in GREEK WINERIES reflects their dedication to making a positive impact in their homeland, Greece. By supporting the development of the wine and bottled water industry, they ensure the preservation of a traditional and culturally important product sector, which has been part of Greece’s heritage for centuries.
The partnership between the Antetokounmpo family and GREEK WINERIES run by Ilias Georgiadis, who has invested in Greece and in real estate by controlling the listed real estate investment company PREMIA Properties, aims to transform the Greek wine and bottled water industry, combining the pursuit of quality with a global vision. Together, we aspire to present the excellent products of Greece to wine lovers and to the whole world, opening avenues for economic development as well as cultural exchanges.”
On their part, Mr John Antetokounmpo stated: “I am particularly happy about the investment in GREEK WINERIES and our collaboration with Ilias Georgiadis. Together we will manage to develop companies with a history that produce natural products of the Greek land, such as wine and natural mineral water.
Source: Sport Fm
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