Elikonos 2 SCASICAR announced its tenth investment of € 7 million and the acquisition of a minority stake in Select Fish SA.
Select Fish SA is active in the field of fish processing and packaging and is the largest distributor of salmon in the domestic market. The portfolio of Select Fish SA consists of supermarket chains and fish traders both in Greece and abroad. Select Fish SA has long-term partnerships with the largest fish farming companies in Greece and abroad, has been active in Greece since 1995 and employs 120 people.
Elikonos 2 SCA SICAR, a venture capital fund of € 85 million, aims to finance developing Greek Small and Medium Enterprises (SMEs). Elikonos 2 SCA SICAR is funded by the EquiFund Business Holdings Fund, an investment platform of the Greek State and the European Investment Fund (EIF), by the Hellenic Development Bank, the European Bank for Reconstruction and Development (EBR) European Investment Bank (EIB) and other institutional and private investors. Elikonos 2 SCA SICAR is managed by Elikonos Capital Partners Sarl, which has been active in the field of venture capital since 2012 with total managed funds over € 100 million.
Equifund is funded by the Greek ESIF Fund of Funds TAESYM from the European Union / European Regional Development Fund / Competitiveness, Entrepreneurship and Innovation Operational Program (EPANEK) ), the EIF and Institutional Investors, and aims to facilitate access to finance mainly for small and medium-sized enterprises by establishing Venture Capital in Greece in cooperation with authorized intermediary financial institutions.
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Source From: Capital

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