The Board of Directors of the National Development Fund has shortlisted seven (7) investment proposals that meet the criteria for participation in Phase II (submission of binding offers) of the tender for the privatization of HELLENIC SALT FLATS S.A., through the sale of a majority stake (at least 51%) in the company’s share capital.
Specifically, the shortlisted investment consortia are as follows (in alphabetical order):
1. A joint venture between the companies a) M.P. THEODOROU (SALT INDUSTRY) & Co. Ltd. and b) SALINITY GROUP AB.
2. K.E. KALAMARAKIS Industrial and Commercial Company S.A. – KALAS S.A.
3. MANTIS TRADING S.A.
4. MECCANICA GROUP – Public Limited Company for Construction, Environmental Management, and Services.
5. Joint venture between the companies a) PITSIA S.A. and b) KONSTANTOPOULOS S.A.
6. SOSALT SpA.
7. Joint venture between the companies a) UNISEL and b) CHION INDUSTRIAL AND COMMERCIAL CORPORATION.
Once the pre-selected investment entities have signed the relevant Non-Disclosure Agreements, they will receive the documents for Phase B of the tender and gain access to the virtual data room (Virtual Data Room), where data and other information regarding the asset will be posted.
HELLENIC SALTS S.A. is the leading supplier to the domestic market and one of the most important producers of natural salt in the wider Mediterranean region. The entry of a strategic investor into the company’s share capital aims to strengthen its growth prospects for the benefit of the national economy, as it is expected to serve as a catalyst for regional development, bolstering the local economy and contributing to the creation of new jobs.