In the signature of a binding agreement today (30.4.2025) the Group of Companies proceeded ACTOR for the redemption of the AKTOR company concessions by the ELLAKTOR Group, with the value of the business amounting to € 367 million.
With the acquisition of AKTOR concessions by the AKTOR Group, the second largest portfolio of PPP and concession is created in Greece And consistent funding for the visible future are guaranteed, in implementing his business strategy to differentiate his mix of revenue and active in new areas.
Combined with the Group’s existing entries, the AKTOR Group expects the creation of strong cash flows of 1.2 billion euros thanks to this acquisition.
Specifically, with the completion of the acquisition of AKTOR concessions, the AKTOR Group will gain participation in some of the country’s largest concession companies, such as the Aegean Motorway (22.2%), Bridge SA (27.7%), Olympia Odos (20.5%) and 85%.
In addition, the AKTOR Group will enhance its participation in important PPP projects, such as the “Pasifai Street” that manufactures and will operate the PPP project of the north road of Crete, which will have 45%, as well as in the company “Pylia Street” which will operate and operate the road project by PPP controls 100% of the share capital.
At the same time, the AKTOR Group acquires shareholding in the PPP project of the Tauropou irrigation network of € 159 million where AKTOR concessions participates with 60%.
With the acquisition of AKTOR concessions, the AKTOR Group will expand opportunities in possible future PPP and concession projects, as the former participates in a number of relevant competitions and has vast experience in the field, while completing mature projects, the existing significant portfolio.
It will also broaden the possibilities for intra -group synergies with other sectors of activities, such as the construction and management of facilities, and will also have a presence in parking activities in which AKTOR is involved.
The financial benefit of the acquisition will be particularly important, as future cash flows to the AKTOR Group, which correspond to the perimeter of the transaction and after the service of AKTOR lending, are estimated to amount to the amount of approximately EUR 500 million and, in combination with the existing taxpayer. Flows totaling € 1.2 billion.
Commenting on the conclusion of the agreement, AKTOR Group Chairman and CEO, Mr. Alexandros Exarchou, stated: “The acquisition of AKTOR concessions is of catalyst for our group, as it will accelerate the implementation of our strategic target for EBITDA, They will shield us from the impact of possible downward cycles of the traditional construction market.
With the addition of AKTOR’s very important concessions to large PPP and concession projects, we create the second largest relevant portfolio in Greece, which will provide us with further opportunities for development and intra -group synergies, while putting us in the top position in the construction market. We continue to implement our strategic planning for investments of € 2 billion in new areas of activities with the aim of producing value for our shareholders. “
The acquisition is under the usual heresies for such transactions, including its approval by the Competition Committee and the General Assembly of ELLAKTOR shareholders and is expected to be completed within the third quarter of this year.
Aktor’s financial adviser to this transaction are Deloitte, funding advisers or GRIT Capital Partners and Euroxx Securities, while Zepos & Giannopoulos Legal Adviser.