December, 2023
DECA Investments ΑΕΔΟΕΕ (“Deca”), exclusive manager of Diorama Investments II RAIF, S.C.A. (“Diorama II”) announces that it has completed the first investment of Diorama II, by acquiring a majority stake in the company Leader S.A. (“Leader”). Leader’s CEO Mr. Athanasios Giannakakos will retain a minority stake in the company.
Leader is a dynamic Greek company which is active in the storage, distribution, processing and marketing of dairy and cheese products. The company is one of the largest Greek companies in its sector with revenues and profits before taxes expected to amount to € 70mn and € 5mn respectively for 2023. Diorama II aims to significantly improve the company’s sales and profitability through organic growth and acquisitions.
Investment in Leader S.A. is consistent with Diorama’s II strategy to invest in profitable, dynamic, and growing Greek companies.
Diorama Investments II RAIF S.C.A. was established in April 2022 in Luxembourg in order to purchase majority or large minority stakes in Greek companies. The investors are International Financial Institutions, Sovereign Wealth Funds, Greek and International Institutional Investors and Family offices. Diorama’s II manager is Deca Investments AIFM which is licensed and regulated by the Hellenic Capital Market Commission.