Elikonos 2 S.C.A. SICAR announces its fourth investment of €5m in Andromeda Seafood S.L., a leading company in the Mediterranean aquaculture sector. Founded in 1998, Andromeda is active in the production and distribution of farmed fish with production facilities in Greece and Spain and exports throughout Europe and the U.S.A.
With the support of Amerra Capital Management LLC and Mubadala Investment Company, Andromeda increases its investment in the Mediterranean aquaculture industry through the acquisition of Nireus S.A. and Selonda S.A., two of the sector’s largest players.
Elikonos 2 S.C.A. SICAR, a private equity fund with total commitments of €71m, is investing in Greek growth and later stage Small & Medium Enterprises (SMEs). Elikonos 2 S.C.A. SICAR received commitments from EquiFund, an investment platform created by the Hellenic Republic in cooperation with the European Investment Fund (EIF), from European Bank for Reconstruction and Development (EBRD), from European Investment Bank (EIB) and Hellenic
Development Bank S.A.
EquiFund investment platform is an initiative created by cooperation between the Hellenic Republic and EIF. It is financed by the Greek ESIF Fund of Funds TAESYM under the European Union / European Regional Development Fund / Operational Programme EPANEK, the EIF and private investors, with the objective to facilitate access to finance, mainly to SMEs, by developing the Venture Capital/Private Equity (“VC/PE”) in Greece in cooperation with selected Financial Intermediaries.
Elikonos 2 S.C.A. SICAR