IDEAL Holdings: Investment of 41 million euros from OHA

OHA (UK) LLP and its affiliated companies announced an further concern of 41 cardinal euros successful currency successful IDEAL Holdings, exercising their right, under an concern agreement, and expanding their information successful the firm vehicle to 25%.

According to the announcement, the funds raised from this concern will further strengthen IDEAL Holdings’ currency position.

The Corporate Vehicle (“CV”) presently holds astir each of IDEAL Holdings’ investments, which include:

• attica Department Stores,
• Byte, Adacom, Bluestream (“ICT”) and
• Barba Stathis & Halvatzis.

Furthermore, done the CV, OHA retains the close to co-invest with IDEAL Holdings, under number ownership, up to an further 200 cardinal euros within the adjacent two years, supporting the company’s maturation and strategic enlargement plans.