GR. SARANTIS S.A. (the Company) informs the investors that the Joint Plan of a Cross Border Merger, dated October 25th 2019, which will lead to the absorption of its 100% affiliate Cypriot limited liability company named GR.
GR. SARANTIS S.A. (the COMPANY) informs the investors that on September 26th 2019 the Company’s BoD has decided the commencement of a Cross Border Merger process that will lead to the absorption of the 100% affiliate Cypriot limited liability company named GR.
NET INCOME GROWTH OF 15% SUSTAINABLE SALES GROWTH DELIVERING ON THE IMPLEMENTATION OF THE GROUP’S STRATEGIC GROWTH PLAN During the first half of 2019 the Group delivered significant net income growth, while Group sales remained strong overall, benefiting from the Group’s growing product portfolio, an efficient commercial performance and balanced operating expenses.
Sarantis Group will release the FY 2019 consolidated financial results, according to the following schedule: Wednesday September 11th 2019 after ASE closing – Results Release, which will be available in the Athens Stock Exchange web page (www.
The company GR. SARANTIS S.A. (the COMPANY) informs the investors that at the announcement dated September 27th , 2019 regarding the commencement of a Cross Border Merger process for the absorption of its 100% affiliate Cypriot limited liability company named GR.
In the second half of 2019, we commissioned a new finished goods warehouse, which is a response to the constantly growing level of production. Its surface allows storage of up to 2880 Euro-pallets. It is served by modern Reach Truck high-lift forklifts, thanks to which it is possible to stack pallets at a height of 10 m.
Sarantis Group completed the acquisition of LUKSJA, a Polish cosmetics brand specializing in the personal care products category. More specifically, Sarantis Group signed an agreement for the acquisition of the LUKSJA trademark that until now belonged to the company PZ Cussons Plc.
ELCA Cosmetics Ltd (“ELCA”), is a joint venture created in 2001 for the sale and distribution of beauty products in Greece, Romania, Bulgaria and Cyprus (the “Territory”).ELCA is owned by Sarantis Group (the “Group”) which holds a 49% interest in the joint venture and The Estée Lauder Companies Inc.