The last “touches” seem to be applied with the head Ellactor and Intrakat groups in agreement Acquisition of “Actor” from the second. The information indicates that the announcement of the original agreement to sell the construction division of the Ellactor group, which spanned the decades of the 1990s and 2000s, but also in large part her period economic crisis, now this is perhaps a matter of “hours”, and in any case it seems that this will be made official within the current week. Last Friday, the two listed companies confirmed they were discussing sale of Actor to Intrakat.

Sources following the process speak of an agreement worth about 200 million euros, i.e. an amount slightly higher than the income received by the investment group led by Intrakat (G. Kaimenakis, D. Bakos and Al. Exarchu) from the sale of their shares in Elaktor in May last year (180 million euros). This amount will also include liabilities (for example, loans to Actor and the cost of letters of guarantee), which means that the cash that will correspond to the shareholders of Ellaktor will not reach this amount. In any case, the sale of Actor should repay a significant percentage of the sum spent by the Dutch Reggeborgh Invest to acquire a controlling stake in the Greek group. So if he goes ahead with some further sale, as the market is rumored (eg Aktor Concessions), then he will register a significant capital gain.

Sources following the process are talking about a deal worth 200 million euros.

At the moment, the future of Actor Perahores is not clear. However, given that Reggeborgh Invest’s original intention was to find a construction partner for the concession subsidiary, it seems reasonable that such a collaboration with Intrakat was also discussed. It should be noted that it is this desire of Reggeborg, i.e. to acquire an external partner to implement the technical object of the contracts claimed by the Actors Concessions and was the main reason for the rumors that talks with Wade Adams and Mr. Dimitris Koutras, who initially appeared to be ready to acquire ” Actor”.

The choice of Intrakat’s shareholders as the new owners of Actor is an example of Reggeborg’s strong desire to sell Actor, especially after the departure of executives such as the former head of the company, Mr. Hr. Panayotopoulos, who played an important role in GEK TERNA Group and especially the role of the Managing Director of TERNA. Moreover, the Dutch company did not hesitate to come into conflict sharply and publicly in the context of the shareholder conflict that raged for several months at Ellactor until a “divorce” was reached last May with the acquisition of Motor Oil’s ship owners.

The acquisition of Actor by Intrakat also shows the confidence of Mr. Exarchos, Mr. Kaimenakis and Mr. Backus in the construction industry. One of Mr. Exarchos’ first announcements when he took over Intrakat was the intention of the new owners to turn it into one of the leading forces in the industry, even speaking of second place. The acquisition of Actor will provide just that, as the combined outstanding balances of the two companies will exceed 4 billion euros, second only to GEK TERNA.