Type
Merger/Acquisition
Country
Greece
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Chemicals And Chemical Products
20.4 - Manufacture of soap and detergents, cleaning and polishing preparations, perfumes and toilet preparations

380 jobs
Number of planned job creations
Job creation
Announcement Date
20 November 2008
Employment effect (start)
1 November 2008
Foreseen end date
20 November 2008

Description

Eureka Hellas, a producer of household cleaning products which is part of the Eureka Group, acquired Insterstar Chim in Romania and Ukraine. With the acquisition, the total workforce employed (621 workers) in Eureka Hellas will increase to about 1,000.

On 20 November 2008, Eureka Hellas announced the acquisition of Interstar Chim specialised in home and personal care products with its headquarters in Romania and a unit operating in Ukraine.

The EUREKA Group is one of the leading names in the production, licensing and distribution and exporting of household cleaning products.


Sources

  • 20 November 2008: Naftemboriki

Citation

Eurofound (2008), Eureka Hellas, Merger/Acquisition in Greece, factsheet number 67490, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67490.