TREK Development S.A., a company listed on the EN.A. Growth market of Euronext Athens, announces the acquisition of a 51.23% stake in TERRA ADVISORY (formerly GPG Consulting, https://gpgconsulting.gr/), with an option for TREK to acquire an additional 30% of the company at the same valuation.
The acquisition was based on a total valuation of €900,000 and was completed in cash and through a share capital increase in favor of the acquired company, while the acquisition agreement includes an option clause contingent upon the achievement of profitability targets for 2026, 2027, and 2028.
The transaction took place following a legal and tax/accounting audit and a subsequent valuation by an independent financial advisor, funded by the capital increase of the listed company at the time of its listing.
TERRA ADVISORY is a company providing development and management services to businesses, primarily in the private sector, and focuses on the agri-food product and systems market, with a particular emphasis on the organization, modernization, and vertical integration of primary production, as well as the promotion of Greek agricultural products in the international market. It is the preferred Technical Consultant for the largest companies in the sector, leveraging available European and national funding instruments.
Konstantinos Papapolyzos, Chairman and CEO of TREK Development S.A., stated:
“We are integrating into the TREK ecosystem a vertically integrated, highly robust business that covers a critical segment of Greek entrepreneurship: the agri-food production and distribution chain. TERRA ADVISORY’s vertical integration expertise, with our support, will very soon propel it toward expanding its business volume in the sector and, in particular, toward further internationalizing its services and undertaking larger and more complex professional services for the support and promotion of agri-food products.
In this way, TREK strengthens the business pillar of its professional services (Advisory & Professional Services) while simultaneously reinforcing its position in the private sector.
TERRA ADVISORY reported a turnover of €2,058,255 and pre-tax profits of €515,202 for 2025, while its debt was zero.