Stelios Kanakis (KANAK.AT), the Greek distributor of ingredients for confectionery and bakery products, made an announcement a couple of days ago that it is being acquired. The buyer is Norwegian company Orkla Food Ingredients. The acquisition will take place via a tender offer and the price offered to shareholders is €4.36. This values the entire […]
Tag Archives: KANAK.AT
Stelios Kanakis reports 2016 results, P/E: 8.8x
Stelios Kanakis (KANAK.AT), a Greek distributor of raw materials for confectionery, bakery and ice cream products, has reported results for 2016 yesterday. Stelios Kanakis is the exclusive distributor in Greece for a number of high quality brands, like Fabbri 1905. It also offers demonstrations and training for bakery professionals for using these products from its […]
Stelios Kanakis: results for 2014
A couple of days ago Stelios Kanakis posted their 2014 annual report. I first wrote a post about the company in February 2014. As a quick reminder: Stelios Kanakis is a Greek distributor of raw materials for pastry, bakery and ice-cream products. As usual, the annual report is in English and does a great job […]
Stelios Kanakis SA
Stelios Kanakis (company website) is a Greek company that distributes ingredients for confectionery and bakery products. A listing of these products can be viewed here. The company uses two large distribution centers and a number of co-operative distributors to distribute the ingredients to the approximately 2150 customers (in 2012). No customer accounts for more than […]