DELTA - MEVGAL agreement announced
DELTA - MEVGAL agreement announced
  Economy  |  Greece

DELTA - MEVGAL agreement announced

DELTA, a subsidiary of VIVARTIA, announced the sale and transfer of the 43.2% (approximately) percentage it held in MEVGAL SA, to members of the Hatzakos Family.
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RE+D magazine
30.07.2021

DELTA sold about 43.2% to members of the Hatzakou family, through MEVGAL.

 The transaction price amounted to 25.863 million euros. The sale value is 85% above the book value that DELTA company had in its books.

It is noted that the sale will strengthen the financial position of DELTA and will further serve its investment moves.