ECONOMY

Dodoni officially under new ownership

London-based Strategic Initiatives UK LLP is the officially the new owner of Greek dairy company Dodoni it was announced on Friday.

The announcement was made by Agricultural Bank (ATEbank) which confirmed that its 67.7 percent controlling stake in the Ioannina-based dairy firm has been transferred to the SI consortium, comprising Strategic Initiatives (90 percent) and Greek enterprise Simos Food Group SA (10 percent).

The exact price of the transaction came to 20,851,800 euros.