TREK Development S.A., a company listed on the EN.A. Growth Market of Euronext Athens, announces the acquisition of a 51.23% stake in TERRA ADVISORY (formerly GPG Consulting, https://gpgconsulting.gr/), together with an option in favor of TREK to acquire an additional 30% stake at the same valuation.
The transaction was completed based on a total company valuation of €900,000 and was financed through a combination of cash consideration and a share capital increase in favor of the acquired company. The acquisition agreement also includes an earn-out option clause linked to the achievement of profitability targets for the years 2026, 2027, and 2028.
The transaction was concluded following comprehensive legal, tax, and financial due diligence, as well as an independent valuation conducted by an external financial advisor. The acquisition was funded through proceeds raised from TREK Development’s share capital increase completed in connection with its stock market listing.
TERRA ADVISORY is a specialized business development and management consulting company serving primarily private-sector enterprises. The company focuses on the agri-food value chain and related systems, with particular expertise in the organization, modernization, and vertical integration of primary agricultural production, as well as the promotion and international commercialization of Greek agricultural products. TERRA ADVISORY is recognized as a trusted technical advisor to some of the largest enterprises in the sector, leveraging both European and national funding instruments to support growth and investment initiatives.
Mr. Konstantinos Papapolyzos, Chairman and Chief Executive Officer of TREK Development S.A., stated:
“We are delighted to welcome a highly successful and financially sound company into the TREK ecosystem. TERRA ADVISORY operates in a strategic segment of the Greek economy, covering the entire agri-food production and distribution value chain. Its deep sector expertise, combined with TREK’s support and resources, will enable the company to accelerate its growth trajectory, expand its international footprint, and undertake larger and more complex projects in the fields of agri-food business support, development, and promotion.
Through this acquisition, TREK further strengthens its Advisory & Professional Services business pillar while enhancing its presence and capabilities within the private sector.”
For fiscal year 2025, TERRA ADVISORY reported revenue of €2,058,255 and profit before tax of €515,202, while maintaining a zero-debt position.
