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  • Transaction / Assets
    Former Shelman Wood Industry facilities in Evoia
  • Seller
    na
  • Buyer
    Company of D. Melissanidis interests
  • € MM

Property in Chalkida sold to company of D. Melissanidis interests

A company of Dimitris Melissanidis acquired through an auction the Shelman wood industry property in Chalkida. The transaction amounted to €23.4 m. In the initial stage of the auction the minimum amount was set at €26 m, however in the next phase it was reduced to the final amount of €23.4 m.

The property has a total area of about 400 acres with facilities of 120,000 sq.m. The estimated value for the factory was €60 m. The acquisition of Shelman property is considered as a key move, as it is located very close to a port.

Original Source: Euro2day.gr

Adaptation/Summary: Kiki Athanasiadis