Athens, Greece - January 12, 2024 - Sarantis Group today announced the successful completion of the acquisition of Stella Pack S.A. by its Polish subsidiary, Sarantis Polska S.A. This strategic acquisition marks a significant milestone in Sarantis Group's ongoing growth strategy and further strengthens its position as a leading consumer products company with a significant and constantly growing international presence.
The acquisition of Stella Pack S.A. allows Sarantis Group to reinforce its leading position in the Polish market with further enrichment of an already strong product portfolio, while it is expected to boost further growth in the category of consumer household products strengthening the Group's geographical footprint in the region where it operates.
Stella Pack S.A. is an important addition to Sarantis Group as it holds a leading position in the production and provision of household goods, with 25 years of successful presence in three countries, Poland, Romania and Ukraine. At the same time, it is an exemplary company in terms of circular economy, as it operates only with recycled plastic to produce plastic bags, having a waste separation line to manufacture internally own recycled plastic that fully meets its production needs.
Sarantis Group remains committed to the highest standards of quality and exceptional customer service. With a deep knowledge of the markets in which it operates and by leveraging the expertise and experience of its people, it creates mutually beneficial partnerships, expands its portfolio, and increases its market share. In this way, the Group succeeds in creating value for its partners and customers, providing reliable product solutions that millions of consumers love and trust every day.
Sarantis Group: Τhe completion of the acquisition of Stella Pack S.A. marks a new chapter in the Group's growth path
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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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