AKTOR Expands into the Aegean with Strategic Quarry Acquisition in Paros

Acquisition of RIGAS PAROS strengthens AKTOR Group’s footprint successful quarrying operations

The AKTOR Group continues its dependable maturation trajectory, reinforcing its beingness successful the quarrying assemblage done a targeted strategical move. Via its wholly owned subsidiary, ELLINIKA LATOMEIA, the Group has successfully completed the acquisition of a 51% involvement successful RIGAS PAROS IKE, a institution actively engaged successful marble and aggregates extraction connected the land of Paros.

The transaction, valued at €6 million, reflects a coagulated valuation grounded successful the existing operational spot and maturation imaginable of the quarry installation located successful the Marathi country of the island. Beyond the fiscal scope, the woody underscores AKTOR’s semipermanent committedness to expanding its concern footprint.

A Strategic Move with Strong Upside

This acquisition marks a important measurement successful AKTOR’s enlargement into a key geographic market with rising request for operation materials. The Group is present well-positioned to service not lone section needs successful Paros but besides the broader Aegean region, wherever infrastructure and improvement projects proceed to thrust demand.

AKTOR demonstrates a wide forward-looking strategy, leveraging high-potential assets to heighten some operational capableness and determination reach.

Sustained Growth and Market Leadership

Strengthening its quarrying portfolio remains a cardinal pillar of AKTOR’s broader improvement strategy. With this move, the Group enhances its accumulation capabilities portion solidifying its relation arsenic a leading unit successful the operation and earthy materials sectors.

As AKTOR continues to put successful high-demand industries, it reinforces its quality to enactment large projects crossed Greece and present semipermanent worth done strategical expansion.

Source: pagenews.gr