Ideal Holdings is set to surpass a capital base of 100 million euros following the ongoing share capital increase that commenced on Wednesday and concludes on Friday. This development marks a significant advancement for the company in the realms of investment and the stock market.
Lambros Papakonstantinou, Chairman of the Board of Directors of Ideal Holdings, highlighted during a briefing on the group’s investment strategy and growth outlook, “We are entering a new and promising phase. Acknowledging the substantial investment prospects in the Greek market, we aim to not only intensify our investment activities through new acquisitions but also to offer the investment community the chance to partake in our ongoing success.”
The company’s clear objective, bolstered by the net cash of 48 million euros from the increase in net assets and 61.5 million euros from OHA’s initial investment in the Greek-listed company, is to execute a two-year acquisition plan by the end of 2026. Notably, Papakonstantinou indicated that conditions are ripe for accelerating decision-making processes.
When asked about the sectors of interest for investment, Papakonstantinou noted that the company has a focused objective, while also commending the Greek industry.
Ideal Holdings has achieved returns of 2.2 times the initially invested capital (CoC) over four years (2021-2024). With the anticipated return of capital, shareholder rewards are projected to total 45 million euros (0.98 euros per share). The company has made investments totaling 390 million euros in the Greek market and boasts a diversified portfolio of companies known for their strong operational performance and profitability in the department store (Attica), food (Barba Stathis), and IT (ADACOM, BYTE, Bluestream, and their subsidiaries) sectors, employing more than 3,400 individuals both directly and indirectly.
An international endorsement of its investment strategy is reflected in the agreement with Oak Hill Advisors (OHA), a leading global investor with a total capital commitment exceeding 300 million euros to Ideal Holdings. OHA’s initial investment of 61.5 million euros has already been completed, with OHA’s next investment in Ideal Holdings anticipated to finalize in September 2025.
