Sfakianakis S.A. acquired additional 49.5% stake in Speedex S.A. from Fourlis Holdings S.A..

SFAKIANAKIS S.A. is a Greece-based automobile dealer. The main activity of the Company is the retail of Suzuki, Opel, Ford, Volvo, BMW, Mini, Fiat, Alfa Romeo, Abarth, Renault, Dacia, Nissan, Skoda, Jeep, Suzuki and BMW cars. The Company is engaged in the import and distribution of Suzuki and BMW motorcycles, DAF trucks and Temsa buses, LINDE hoists and handling machines, Cummins engines and power plants. The Company also sells spare parts, components, and accessories for mentioned car brands. Moreover, the Company, through its subsidiaries, is involved in the leasing of vehicles and insurance brokerage, the trade of electronic and telecommunications equipment and services, the distribution of Information Technology products and communications, and the provision of courier services.