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AROSIS acquires a controlling stake in Products of Gis Voioy
Posted: March 24, 2025
AROSIS, a leading company in the organic and conventional pulses sector, is pleased to announce the acquisition of a controlling equity stake in Products of Gis Voioy, a pulses company based in the Kozani region. AROSIS is a subsidiary of AMITOS, its parent company.
Products of Gis Voioy is a steadily growing company in the pulses market, offering high-quality products sourced from Greek producers. The company maintains strong ties with primary agricultural production, has a solid presence across small retail outlets, and operates modern production facilities in the Voio area of Kozani.
The AROSIS brand is closely associated with Greek land and tradition, offering premium-quality pulses such as PDO Kastoria giant beans and Grevena lentils. The company is the market leader in organic pulses, has a strong presence in the supermarket channel, and is experiencing accelerating export growth.
Strategic Partnership and Objectives
The collaboration between two highly complementary companies creates a stronger player in the market for conventional and organic pulses, strategically positioned at the heart of Greek agricultural production, in Western Macedonia.
The two companies are joining forces with the aim of:
a. supporting and further strengthening long-standing, trust-based relationships with Greek producers;
b. driving the continued growth of both companies by expanding product distribution across supermarkets, small retail outlets and international markets;
c. the immediate implementation of an investment programme exceeding €5 million, focused on the modernisation of the Group’s facilities in Kastoria, leveraging an approved incentive scheme under the Greek Development Law.
The objective of the investment is to expand and upgrade the Group’s production capacity, further enhance the quality of raw material processing, and create modern storage facilities. In addition, these initiatives are expected to significantly strengthen the economic activity of the wider region.
Management and Shareholders
The shareholders of Products of Gis Voioy, Alexis Kotoulas, Ioannis Zmpilidis and Alexandros Zmpilidis, will continue to serve in the company’s management, contributing their deep sector knowledge and experience. At the same time, they will actively support the growth and international expansion of the Group, leveraging their long-standing expertise in the industry.
The representative of the shareholders of Products of Gis Voioy, Alexis Kotoulas, commented:
“We are particularly pleased to be joining forces with AROSIS. The company’s shared growth philosophy, combined with our long-standing experience and sector expertise, creates significant prospects for growth and success.”
The Chief Executive Officer of AROSIS, Tryfonas Fotiadis, stated:
“This investment is fully aligned with our vision of strengthening Greek production and supporting local producers. We believe that our collaboration with Products of Gis Voioy will create new growth opportunities, both in the Greek market and internationally. It will further contribute to the sourcing and processing of high-quality agricultural products and to the development of new farming communities, supporting the broader economic development of the region.”
In addition, the parent company AMITOS has also made an equity investment in the rapidly growing food company 3S Organics, which has an expanding presence in the healthy breakfast products and cereal bars market. This investment contributes to the creation of a dynamic food group, with combined sales expected to exceed €15 million.
Under the umbrella of AMITOS, the Group’s fruit company FRUVENCO will also be integrated, with the objective of forming a stronger food group with estimated revenues of over €28 million. The Group’s core focus will be the production and distribution of healthy and organic products, with exports accounting for more than 50% of total turnover, further strengthening the international reach of Greek primary production.
Within the AMITOS Group, the investment fund SMERemediumCap (SMERC) has acquired a strategic equity stake, with Nikos Karamouzis serving as Executive Chairman.