Buy a business in Greece

How to buy a Greek company

Buy a business in Greece

The best way to purchase a business in Greece is by using a Greek M&A advisor who knows about the local business habits and who is up to date with the economic and financial status of his country. When buying business in Greece it is necessary to have an experienced advisor with a track record in M&A. The strength of the Corporate Finance in Europe team is the combination of in depth knowledge in core industries with the local knowledge of Greece including speaking the local language.

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For more information about our core industries follow

It might be possible that one of the current companies we have in portfolio is interesting for you. Visit business brokers Greece to find out if a suited company for you is listed.

Why Greece today?

Greece is a country with around 11 million inhabitants and a GDP of more than 250 Billion US$. The country has shown large economic growth between 1994 and 2007 and a severe depression from then until 2013. 2014 will be the first year, since the economic crisis, that Greece shows positive growth.

  • In Greece, a new economy is in the making. Investment opportunities are abundant and attractive, in a wide variety of sectors. Greece’s massive reform efforts are opening new investment frontiers that reward both first movers and established players.
  • The next decade is set to see sustained growth in tourism, ICT, energy, environmental sciences, food, beverage and agriculture, logistics, and life sciences.
    According to recent studies until the end of 2020, the sector of tourism will produce €18 bil. (from €11,5bil in 2013), Energy sector will increase the GDP by €9bil. more, Food sector will contribute the GDP by €6bil. more, while the Agriculture sector will increase the contribution to GDP by more €5bil.).
  • Greece’s exceptional human capital, advanced infrastructure, geostrategic position, and potential for economic expansion are attracting investor interest from all over the world.
  • Greece’s newly designed investment framework supports the creation of new businesses, new synergies, and new partnerships.
  • An outward looking economy that is focused on long-term growth means that investors can look forward to highly favorable returns. As a member of the European Union and the Eurozone, Greece continues to be the economic hub of Southeast Europe, an ideal gateway to the Middle East, Western Europe, and North Africa, an energy hub for gas and petroleum networks and an emerging logistics hub for the entire region.
  • Low wages among all the European countries and from the summer of 2014, social security costs will be reduced by 4%.
  • Exports are forecasted to reach 50% of GDP in 2020 so that Greek economy is once again viable. If this goal is to be achieved all the bureaucratic procedures will be reduced.
  • Euro Currency and intra Europe trade without V.A.T. and Duties.
  • Certification of Origin (MADE IN EU) for products that are produced in Greece.
  • Railway connection with the European railway network (cheaper by 50%).
  • Greece after seven years in recession is growing. The Stock Market is rising, the tourist sector is expanding for the second year and funds are looking for investing in Greek companies.
  • Decrease of companies’ tax rate to 15% in the coming years.

Purchase a business in Greece

Should an M&A advisor know about local habits? The Greek language may be a hurdle for buying a company in Greece. If you are a European business owner we bring you a contact person who speaks the native language. Find out in international M&A advisors if your native speaking advisor is available. Furthermore, our expert advisors have deep knowledge of the market aspects, the structure of the distribution channels and some very crucial details such as shortage in raw materials, quality of providers, etc.

Our M&A associate members perform M&A related services like taxes, legal services, due diligence and valuations to get to a successful deal.

Legal aspects in M&A when buying a Greek company

Should an M&A advisor be informed about the Legal landscape? Legal aspects are of high importance when buying a business. Your advisor needs to be up to date with the legal framework that applies to M&A transactions in Greece. Important legal matters are having control of the company you buy in Greece and being in a position to fully understand the consequences of management agreements for the main directors. CFIE has a vast understanding of the legal surroundings regarding M&A projects in Greece and has available experienced legal advisors to touch base with for specific M&A related Legal issues. Check Legal aspects of buying a business in Greece to get further information on this.

Tax aspects in M&A when buying a Greekish business

Should an M&A advisor know how tax matters affect a M&A project in Greece? Tax aspects are important when buying a business. Your advisor needs to be up to date with the tax framework that applies to M&A transactions in Greece. It is wise to set-up the acquisition in a tax friendly and well-structured way so you will not get any negative surprises due to tax issues in a later stage. CFIE has good knowledge of tax aspects surroundings M&A projects in Greece and has available experienced Tax advisors to touch base with for specific M&A related Tax issues. Check Tax aspects of buying a business in Greece to get further information on this topic.

Buy & build

For a buy and build strategy Greece can be an interesting country. Within the CFIE team of M&A advisors many are experienced in executing this strategy. There a large number of potential add-on targets in Greece available. Visit buy and build strategy to get more details about a buy and build strategy in Europe

M&A in Greece

Investing in Greece is quite secure despite the difficult situation in the European Union. CFIE monitors the Greek M&A market continuously to make the best proposition on buying a business in Greece. Our services are not exclusive for company owners but also for private equity and other investors.

Support with buying a business in Greece

If you have plans for buying a business in Greece don´t hesitate to contact us. The M&A advisors of Corporate Finance in Europe are ready to help you out on the purchase of a Greek company. For free advice about the perspectives of buying a business in Greece get in touch now.