DECA Investments

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Viva Wallet becomes a bank

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Viva Wallet has officially acquired the banking license of Praxia Bank on August the 3rd after the completion of the share purchase agreement between AMC Oak (Shareholder) and Viva Wallet Holdings (purchaser). The e-money institution which already operates in 23 countries within EEA, has become one of the few neobanks that owns a banking license.
The banking license will allow Viva Wallet to serve a broader set of its customers’ needs including loans and saving products, that will be announced until the end of 2020.

EZA- €10 mil. investment in new production line

Line of production in a factory

Despite the recent challenges, Hellenic Breweries of Atalanti remains true to its vision to continually grow and develop and has made a significant investment of €10 million. Specifically, it completed and recently activated a new bottling line at its plant in Atalanti with the aim of upgrading the potential of its product portfolio.

EZA- Eza alcohol free named product of the year in its category

A group of people from EZA holding the award

Hellenic Breweries of Atalanti earned the “Voted Product of the Year” award for eza Alcohol Free beer from the Greek Voted Product of the Year organisation that works to promote innovation in consumer products and services on the Greek market. The “alcohol-free beer as it should be” was selected through consumer voting conducted by the IRI Greece market research company.

Diorama concluded its tenth investment in Hellenic Breweries of Atalanti

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DECA Investments AIFM, the exclusive investment manager of Diorama Investments SICAR (“Diorama” or the “Fund”), announced the completion of the Fund’s tenth investment: the acquisition of a strategic minority position in Hellenic Breweries of Atalanti (“EZA” or the “Company”). The funds will be used mainly for the further development of the company through the financing of its working capital and capital investment needs resulting from the execution of its four-year business plan.

Regarding Viva

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In December 2019, Viva successfully concluded a Series C round financing of EUR 75mn at a valuation 3x of the Series B round.

Pharos – Participation in CPhI 2019

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Pharos participated in the CPhI Worldwide exhibition, which this year took place in Frankfurt. CPhI has hosted more than 48,000 visiting pharma professionals over three days. 2,500+ exhibitors from 170+ countries gather at the event to network and take advantage of more than 100+ free industry seminars.

Diorama concluded its investment in PharOs

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DECA Investments AIFM, the exclusive investment manager of Diorama Investments SICAR (“Diorama” or the “Fund”), announced the completion of the Fund’s ninth investment: the acquisition of a 25% stake in PharOs (“PharOs” or the “Company”).

Minerva S.A. acquisition completed

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ELAIA ZEUS S.A., a company controlled by the Investment Fund Diorama Investments Sicar S.A. in which also participates the investment Fund Elikonos 2 SCA Sicar, announces that it completed today the acquisition of the company MINERVA S.A. John Kalantzis, the Chief Investment Officer of DECA Investments AIFM stated: “I would like to thank all those who worked hard during these last months for the completion of this acquisition. We will work together with Minerva’s excellent human capital in order to further improve the growth potential οf the company”.