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