A. Oikonomou along with other investors acquired 38.67% stake in Kri Kri S.A. from S. Tsivanos, E. Tsivanou, S. Tsivanou and Ch. Tsivanou.
February 11, 2016 at 11:00 pm EST
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A. Oikonomou along with other investors acquired 38.67% stake in Kri Kri S.A. (ATSE:KRI) from S. Tsivanos, E. Tsivanou, S. Tsivanou and Ch. Tsivanou on February 12, 2016. Under the terms of the transaction, A. Oikonomou increases his stake to 13.361% from 0.054%, S. Tsivanos decreases his stake to 12.097% from 20.552%, E. Tsivanou decreases her stake to 18.602% from 29.482%, S. Tsivanou decreases her stake to 12.097% from 20.552% and Ch. Tsivanou decreases her stake to 18.517% from 29.398%.
A. Oikonomou along with other investors completed the acquisition of 38.67% stake in Kri Kri S.A. (ATSE:KRI) from S. Tsivanos, E. Tsivanou, S. Tsivanou and Ch. Tsivanou on February 12, 2016.
Kri Kri Milk Industry SA is a Greece-based company principally engaged in the production and trade of ice cream, yogurt and milk. The ice cream production includes five product lines: Cones, Ice Cream Cups, Scoop Ice Cream, Sticks, and Ice Cream Sandwiches. The yogurt production includes five product lines: Plain, Traditional, Catering, Fruit, and flavored yogurt for children under the brand name Scooby Doo. The milk production includes four products: Full cream pasteurized milk 3.5% Fat, Semi-skimmed pasteurized milk 1.5% Fat, Chocolate skimmed milk 0% Fat, and AYRAN (KEFIR) KRI-KRI. The Company also offers some of its products in family packs. KRI-KRI Milk S.A. is also active in the Balkans region through 71%-owned subsidiary KRI-KRI DOO Kumanovo, in Macedonia which has an autonomous production line of ice cream and yogurt, warehouses and cooling chambers. In February 2013, the Company dissolved its subsidiary in Bulgaria, KRI KRI BULGARIA A.D.
KRI-KRI MILK INDUSTRY S.A. 
