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.
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.
World Environment Day is designated by the United Nations on June 5 and each year sheds light on a number of environmental issues that need to be addressed at both national and corporate level Through its responsible operational activity and its purposeful brands, the Group aspires to actively contribute towards the curbing climate change and protecting the environment.
Sarantis Group, one of the largest multinational consumer products companies with a significant international presence, leading brands and partnerships, and the Greek hypermarket chain KRITIKOS, with a dynamic presence throughout Greece, collaborate and jointly supported the Corporate Social Responsibility initiative “With love for North Evia”.
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.
The company GR. SARANTIS S.A. announces to the investors’ community that following the election by the Ordinary General Meeting of May 31, 2022, as members of the Audit Committee, of Messrs. Christos Economou of Ioannis and Irene Nikiforakis of Markos, independent non-executive members of the Board of Directors, and Mr.
Sarantis Group continues its investments in Greece, constantly aiming at a greener production. This investment on PVs in Greece came to further strengthen the Group’s responsible production facility at Oinofyta and to optimize its operational benefits, while reducing the energy related operating costs.
On May 31th 2022, Tuesday and at 14:00, the Ordinary General Shareholders’ Meeting of “GR. SARANTIS S.A.” took place at the Company’s registered offices. During the General Meeting, 136 shareholders representing 55,743,153 shares were present, corresponding to 83.