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Agreement for strategic cooperation between ION and Spyros Theodoropoulos

The shareholders of ION SA and the businessman Mr. Spyros Theodoropoulos reached an agreement for the creation of a strategic cooperation aiming at the further development of the historical chocolate industry.

Mr. Spyros Theodoropoulos will participate in the share capital of the company, initially acquiring 45% of the shares, while in the future he will be able to acquire the majority of them.

ION SA is the large Greek chocolate industry with a history of 92 years that has been loved by many generations. Its Greek identity and the consistently high quality and unique taste of its products, have identified it with the memories of both our childhood and adult life.

Mr. Spyros Theodoropoulos is the businessman who managed to create the Greek CHIPITA and give it an international orientation and perspective. Based on innovation, the company’s unique products were loved by consumers worldwide.

The decisive role in reaching the agreement was played by the common principles and values, the common vision for a dynamic development and expansion in the foreign markets, in which Mr. Spyros Theodoropoulos has written an extremely successful course, and, finally, its strengthening and perpetuation. Greek identity of the historical chocolate industry.

It is noted that the current shareholders of ION SA will continue to exercise the management of the company.

In a joint statement, the shareholders of ION SA stated:

“ION is our historical family, which we have always faced with a lot of love, care and, above all, a sense of responsibility. In this context, and looking to the future, we decided to join forces with the successful businessman Mr. Spyros “We firmly believe that the common values ​​and principles, and, above all, our common vision, will be a springboard for our company for a great course in the future.”

Mr. Spyros Theodoropoulos stated:

“The agreement with ION is not just another agreement! ION and its history in our country, is a chapter that needs respect from us who will deal with its further development. The relationship of consumers with ION – all of us that is – it is a timeless and highly emotional relationship and we will make every effort to keep it the same! We have loved ION products since we were children and this is and will remain a dominant element in our relationship with the historical chocolate industry “.

Source: Capital

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