Pepsico-Ivi selling Loutraki plant, Koropi facilities

13 September 2016
715 Views

Cypriot company Hellenic Water is in advanced talks with Pepsico-Ivi for the acquisition of the latter’s water bottling plant at Loutraki, near Corinth.

The local subsidiary of Pepsico is also in talks with a company outside the food and drink sector for the sale of its installations – offices and warehouses – at Koropi, east of Athens.

The aim of the soft drinks and snacks firm is to have completed all the procedures required by the end of the year.

This, however, does not appear so easy, as a Pepsico-Ivi senior official told Kathimerini that there is still plenty of work to do in that direction.

The price for the sale of the Loutraki water bottling plant to the Cypriot company has not yet been agreed, while negotiations about the Koropi facilities are still at an early stage.

You may be interested

Crete is the most popular holiday destination for Brits
GREECE
shares10 views
GREECE
shares10 views

Crete is the most popular holiday destination for Brits

Panos - Jan 21, 2021

Crete is the most popular holiday destination for this year’s tourist season for the Brits, according to online searches made in…

Fastest Brand Growth in 2020 (infographic)
WORLD
shares9 views
WORLD
shares9 views

Fastest Brand Growth in 2020 (infographic)

Panos - Jan 21, 2021

2020 has been a pivotal year for various brands in the U.S. A new report of the fastest-growing brands shows…

Putin dips into freezing waters for Epiphany feast
WORLD
shares22 views
WORLD
shares22 views

Putin dips into freezing waters for Epiphany feast

Panos - Jan 21, 2021

The Russian Orthodox Church celebrated the Epiphany on the night of January 18-19. Taking off his warm coat and under polar…

Leave a Comment

Your email address will not be published.