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JUNE 2022
Response to a letter sent by the Hellenic Capital Markets Commission
The company GR. SARANTIS S.A. (the “Company”), following the Hellenic Capital Market Commission’s inquiry letter No 1583 dated June 27th 2022 regarding the sale of the Company’s participation in the Joint Venture with The Estee Lauder Companies, informs the investors’ community as follows: On 15.
JUNE 2022
Sarantis Group is among the leading companies that were distinguished at the Bravo Sustainability Awards 2022
Sarantis Group, one of the largest multinational consumer products companies with a significant international presence, with leading brands and strategic partnerships, was distinguished at the Bravo Sustainability Awards 2022, in the pillar of "Resource Management, Raw Materials and Environmental Footprint" for its investment in Polipak, a Group’s subsidiary in Poland.
JUNE 2022
GR. SARANTIS S.A. announces the sale of its 49% participation in the Joint Venture with THE ESTÉE LAUDER COMPANIES for the price of €55.2m
Following twenty-one years of successful partnership, GR. SARANTIS S.A. announces the sale of its 49% participation in the JV with The Estée Lauder Companies for an aggregate price of €55.2 million. As part of its go-to-market strategy, The Estée Lauder Companies has decided that as of June 15 2022, it will run its operations in the Greek and Balkans markets directly, in line with its approach in other markets in the EMEA region.
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SARANTIS Group
26, Amaroussiou - Halandriou Street
151 25 Maroussi, Athens, Greece
Tel: +30 210 6173000
Fax: +30 210 6197081
e-mail: group-info@sarantisgroup.com
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