AKTOR Expands into the Aegean with Strategic Quarry Acquisition in Paros

The AKTOR Group continues its steady growth trajectory, reinforcing its presence in the quarrying sector through a targeted strategic move. Via its wholly owned subsidiary, ELLINIKA LATOMEIA, the Group has successfully completed the acquisition of a 51% stake in RIGAS PAROS IKE, a company actively engaged in marble and aggregates extraction on the island of Paros.

The transaction, valued at €6 million, reflects a solid valuation grounded in the existing operational strength and growth potential of the quarry facility located in the Marathi area of the island. Beyond the financial scope, the deal underscores AKTOR’s long-term commitment to expanding its industrial footprint.

A Strategic Move with Strong Upside

This acquisition marks a significant step in AKTOR’s expansion into a key geographic market with rising demand for construction materials. The Group is now well-positioned to serve not only local needs in Paros but also the broader Aegean region, where infrastructure and development projects continue to drive demand.

AKTOR demonstrates a clear forward-looking strategy, leveraging high-potential assets to enhance both operational capacity and regional reach.

Sustained Growth and Market Leadership

Strengthening its quarrying portfolio remains a central pillar of AKTOR’s broader development strategy. With this move, the Group enhances its production capabilities while solidifying its role as a leading force in the construction and raw materials sectors.

As AKTOR continues to invest in high-demand industries, it reinforces its ability to support major projects across Greece and deliver long-term value through strategic expansion.

Source: pagenews.gr

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