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    Antetokounmpo family acquires minority stake in Greek winery

    EbrahimBy EbrahimNovember 16, 2023No Comments2 Mins Read


    Giannis Antetokounmpo
    Giannis Antetokounmpo

    The Antetokounmpo family has made its latest business investment through its flagship company, Ante Inc.

    In a press release released this week, Giannis, Thanasis, Kostas And Alex Antetokounmpo announced that they had acquired 10% of the capital of Hellenic cellars.

    Hellenic Wineries is a holding company that acquired the Santorini-based company Boutari wine estates in 2022, an iconic wine company that has existed for over 100 years. Hellenic Wineries also recently acquired Iolia brand of natural mineral water.

    The Antetokounmpo family’s decision to invest in Hellenic Wineries was driven by their desire to make a positive impact in their home country of Greece, according to the release. The family hopes to preserve the cultural significance of winemaking.

    The partnership between the Antetokounmpo family and Hellenic Wineries is managed by Elias Georgiadis, a figure in Greek real estate.

    “I am very happy with this investment in Hellenic Wineries and our cooperation with Elias Georgiadis,” said Giannis Antetokounmpo. “Together we will succeed in developing companies with a history that produce natural Greek products such as wine and natural mineral water. »

    Earlier this year, the Antetokounmpo family also became stakeholders in the Canadian company Candy Funhouse.





    Ashley covers startups, technology and manufacturing for BizTimes. She previously served as editor of the News Graphic and the Washington County Daily News. In her previous reporting roles, covering education at Waukesha Freeman, she received several WNA awards. She graduated from UWM. In her free time, Ashley enjoys watching independent films, tackling a new recipe in the kitchen, and reading a good book.









    Ebrahim
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