P.G. Nikas S.A. announced that it expects to receive €23.27 million in funding from Chipita S.A.

PG Nikas SA is a Greece-based company engaged in the production and trade of processed meat products. The Company purchases meat, processes and stores it, and distributes the final products. Its product range includes Cold Cuts, which offers turkey, pork shoulder, ham and bacon products both smoked and cooked in the form of salami, sausages and organic processed meat; Fresh Meat, which includes packed beef and pork meat; Pizza, which includes frozen and chilled pizzas; Cheeses, including white soft cheese, available in paprika, sun-dried tomatoes, and wild garlic and herbs tastes, as well as a range of imported yellow cheeses, and Peinirli, available in kasseri cheese and ham, and four cheeses and bacon. The Company has a distribution network, which services the main supermarket chains and catering companies in Greece and the Balkans. It also operates in Bulgaria, FYROM and Cyprus through its subsidiaries Nikas Bulgaria SA, Nikas Skopje Ltd and Nikas Group Ltd, respectively.