Transaction / Assets Former Shelman Wood Industry facilities in EvoiaSeller naBuyer 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