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1. www.currysplc.com › news-media › press-releasesCompletion of Kotsovolos Disposal - Currys PLC

   www.currysplc.com › news-media › press-releases

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   Apr 10, 2024 · Currys plc (Currys) is pleased to announce that it has completed the sale of Dixons South East Europe A.E.V.E., the holding company of Currys' entire Greece and Cyprus retail business, trading as Kotsovolos, to Public Power Corporation S.A. for an enterprise value of €200 million (£175 million).

2. greekreporter.com › 2023/11/03 › ppc-buys-kotsovolosPower Corporation Buys Kotsovolos After UK Retailer Currys ...

   greekreporter.com › 2023/11/03 › ppc-buys-kotsovolos

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   Nov 3, 2023 · The Public Power Corporation (PPC) in Greece announced on Friday an agreement with UK retailer Currys for the acquisition of Kotsovolos, one of the biggest electronics retail companies in the country.

3. greekcitytimes.com › 2024/03/08 › currys-gets-greekTakeover target Currys says Greek disposal will complete in April

   greekcitytimes.com › 2024/03/08 › currys-gets-greek

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   Mar 8, 2024 · London-based consumer electronics retailer Currys is looking to complete the disposal for the holding company of Currys’ entire Greece and Cyprus retail business, trading as Kotsovolos. The deal is worth around EUR200 million in enterprise value, adjusted to include lease liabilities of EUR97 million.

4. greekcitytimes.com › 2023/11/03 › currys-to-sellCurrys to sell Kotsovolos to Power Corporation S.A.

   greekcitytimes.com › 2023/11/03 › currys-to-sell

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   Nov 3, 2023 · Currys plc (LON:CURY) has announced that it has entered into an agreement for the sale of Dixons South East Europe A.E.V.E., the holding company of Currys’ entire Greece and Cyprus retail business, trading as Kotsovolos, to Public Power Corporation S.A. for an enterprise value of €200 million (£175 million) on a debt free, cash free basis ...

5. www.ekathimerini.com › economy › 1213417Why Currys is selling its Greek arm - eKathimerini.com

   www.ekathimerini.com › economy › 1213417

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   Jun 17, 2023 · On Friday, British group Currys (formerly Dixons), which owns Kotsovolos, announced it is considering selling the Greek chain, with the timetable, Kathimerini understands, providing for procedures to be completed by end-2023.

6. www.retail-week.com › electricals › currys-completesCurrys completes sale of its Greek business Kotsovolos ...

   www.retail-week.com › electricals › currys-completes

   Mar 8, 2024 · Currys has sold its Greek business Kotsovolos. In a statement to the London Stock Exchange, Currys said PPC has received “unconditional approval” from the Hellenic Competition Commission for the purchase of Dixons South East Europe, the holding company of Kotsovolos.

7. People also ask

   Who bought Kotsovolos?

   • The Public Power Corporation (PPC) in Greece announced on Friday an agreement with UK retailer Currys for the acquisition of Kotsovolos.

   Power Corporation Buys Kotsovolos After UK Retailer Currys Exits Greece

   greekreporter.com/2023/11/03/ppc-buys-kotsovolos-uk-retailer-currys-exits-greece/

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   How many Kotsovolos stores are there in Greece?

   • Kotsovolos has 95 stores in Greece and Cyprus, 27 of which are megastores. Credit: MariaMvrd, CC BY-SA 4.0 /Wikipedia The Public Power Corporation (PPC) in Greece announced on Friday an agreement with UK retailer Currys for the acquisition of Kotsovolos, one of the biggest electronics retail companies in the country.

   Power Corporation Buys Kotsovolos After UK Retailer Currys Exits Greece

   greekreporter.com/2023/11/03/ppc-buys-kotsovolos-uk-retailer-currys-exits-greece/

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   Is Kotsovolos a good business?

   • Kotsovolos is a fine business that we’ve been proud to own. I’d like to thank every one of our Greek colleagues for everything they’ve done, and wish them every future success."

   Completion of Kotsovolos disposal | Currys PLC

   www.currysplc.com/news-media/press-releases/2024/completion-of-kotsovolos-disposal/

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   Why did PPC buy Kotsovolos?

   • In an announcement, it said: “The agreement for the acquisition of Kotsovolos is for PPC a strategic transformation move, in a market that is changing globally, as the era of energy transition and new electrification creates a whole new world of solutions for households and businesses.

   Power Corporation Buys Kotsovolos After UK Retailer Currys Exits Greece

   greekreporter.com/2023/11/03/ppc-buys-kotsovolos-uk-retailer-currys-exits-greece/

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   What is Kotsovolos famous for?

   • The Kotsovolos company was the first to release state-of-the-art products on the market, such as the first 3D display TV, the first Smart TV, and the first wallpaper TV with a thickness of just 2.75 millimeters. In 2019, the first Samsung Hub in Greece and the fourth in Europe was inaugurated in its stores at “Eleftherios Venizelos” Airport.

   Power Corporation Buys Kotsovolos After UK Retailer Currys Exits Greece

   greekreporter.com/2023/11/03/ppc-buys-kotsovolos-uk-retailer-currys-exits-greece/

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   Why did Currys exit the Greek market?

   • The transaction at 175 million pounds ($214 million) means that Currys exits the Greek market in a blow to the efforts of the Greek government to attract foreign investments.

   Power Corporation Buys Kotsovolos After UK Retailer Currys Exits Greece

   greekreporter.com/2023/11/03/ppc-buys-kotsovolos-uk-retailer-currys-exits-greece/

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8. www.theretailbulletin.com › general-merchandiseCurrys to sell Kotsovolos | Retail Bulletin

   www.theretailbulletin.com › general-merchandise

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   Nov 3, 2023 · The sale of Dixons South East Europe, which trades as Kotsovolos, will enable Currys to simplify its group structure, strengthen its balance sheet, and focus more on its larger markets of the UK, Ireland and the Nordics.