Tupperware Greece

Tupperware Greece Sold for 8.5 Million Euros

Tupperware Greece Acquired by Olympia Group

Olympia Group Plans to Revive Tupperware Greece Brand

Tupperware Greece has been sold to Olympia Group, a Greek investment and development company, for 8.5 million euros.

The sale includes Tupperware Greece's manufacturing plant in Corinth, Greece, as well as its distribution network and customer base.

Olympia Group plans to revive the Tupperware Greece brand, which has been struggling in recent years due to competition from cheaper imported products.

The company plans to invest in new product development, marketing, and sales to rebuild the brand's market share.

Tupperware Greece was founded in 1962 and has been a leading manufacturer and distributor of plastic household products in Greece.

The company has been facing financial difficulties in recent years due to declining sales and increased competition from cheaper imported products.

The sale to Olympia Group is expected to provide Tupperware Greece with the resources it needs to rebuild its business.

Olympia Group is a leading Greek investment and development company with a diverse portfolio of businesses, including real estate, energy, and tourism.

The company has a track record of successfully acquiring and reviving struggling businesses.

The acquisition of Tupperware Greece is expected to be completed in the coming months.