Souriadakis Tsibris has advised the founders of Greek electric appliances trading company Inventor on the sale of a majority stake to Swedish Beijer Ref. Saplegal Papadimitriou & Partners reportedly advised the buyer.
Inventor has operated on the Greek market for over 50 years, specializing in the field of air and electric appliances.
Beijer Ref is a Nasdaq Stockholm-listed company, providing a range of products to customers in the fields of commercial refrigeration, industrial refrigeration, air conditioning, and heating.
"I am happy we have now closed and executed the acquisition," Beijer Ref CEO Christopher Norbye commented. "With the acquisition of Inventor, Beijer Ref enters the Greek market and strengthens its positions on other markets. Inventor has great potential with proven expertise and the acquisition is in line with our growth strategy. We look forward to continuing their strong development."
The Souriadakis Tsibris team consisted of Managing Partner Manolis Souriadakis, Partner Pigi Konstantinou, and Associate Zinovia Gkatsi.