The DODONI ICE CREAM firm turns into the property of the VENETI firm, as the acquisition of its money owed to the banks, totaling roughly €40 million, was accomplished after two years. On the identical time, the acquisition of all the corporate’s shares by a overseas firm primarily based in Cyprus was accomplished. The acquisition is the results of an extended sequence of negotiations, with 5 monetary establishments that had taken over the administration of PAGOTA DODONI.
Specifically, after an intensive inspection of the loans to be bought, VENETI established a separate firm to amass the mortgage claims of PAGOTA DODONI from the above-mentioned directors, amounting to €40 million. On the identical time, the method of buying the shares of DODONI ICE CREAM was accomplished, a undertaking that required reaching an settlement between seven totally different events and coping with a mess of intractable points. On this means, the whole planning for the whole acquisition of the corporate was applied in order that it may proceed with its inclusion within the consolidation course of.
In the present day DODONI ICE CREAM maintains a community of 40 franchise shops, fridges promoting packaged ice cream in chosen tremendous markets and bakeries in addition to horeca partnerships in over 1500 areas all through Greece. The turnover of the corporate amounted in 2023 to €6,988,995 in comparison with €5,941,079 in 2022, marking a rise of 18%. The outcomes earlier than taxes in 2023 have been -3,332,059€ in comparison with -2,206,915€ in 2022. PAGOTA DODONI has 50 staff. The manufacturing facility is situated in Pallini the place the manufacturing of ice cream will proceed within the first part.
As acknowledged by the President and CEO of VENETI, Panagiotis Monemvasiotis: “PAGOTA DODONI is a Greek firm traditionally related to authenticity and wonderful high quality uncooked supplies. All of us have a reminiscence of DODONI ICE CREAM. The Greekness, the authenticity, the purity of the supplies are the values that join VENICE with the DODONI all through time. We bought our fingers on the “divine ice cream”. For us, actual ice cream is a brand new pattern. From pure milk. From an actual farm that respects its animals. We’re right here to start out a brand new period in Greek ice cream.”
VENETI’s targets for DODONI ICE CREAM are the completion of the sanitization procedures, the funding in pure milk by buying a Greek milk farm and the event of recent merchandise primarily based on it. On the identical time, the corporate will spend money on buying new trendy gear, upgrading the shops of the present community and growing new gross sales factors with a brand new retailer idea.
The brand new, superior DODONI ICE CREAM retailer idea will concurrently be a Gelateria, a Dairy and a Confectionery with super-frozen sweets. The brand new shops will provide conventional flavors and wonderful high quality merchandise with pure milk as the principle ingredient, in addition to drinks, pure juices and Italian espresso.
DODONI ICE CREAM till as we speak
DODONI ICE CREAM established the establishment of the specialised ice cream store by successful the first place within the Greek market and creating the most important ice cream chain.
With fixed improvements and utilization of recent applied sciences, with ISO 9001 and HACCP certification to make sure the hygiene and high quality of its merchandise, DODONI ICE CREAM was one of many pioneer ice cream corporations.
The corporate has created over 200 totally different flavors of ice cream, efficiently launching probably the most progressive flavors for his or her time, such because the well-known parfaits, yogurt flavors, sorbets, gourmand, chocorello or pineapple chili. With these and the unchanged and non-negotiable perception within the high quality of its merchandise for 57 years, it managed not solely to grow to be a Greek timeless love model but in addition synonymous with “divine ice cream”.
Historical past
- 1967: The Dodoni Ice Cream firm began in 1967 when Vassilis Bletsos and Sofia Xita from Epirus opened their first dairy store in Kypseli.
- 1977: Switch to its present privately owned services in Pallini, Attica.
- 1984: The primary privately owned Dodoni retailer in Kifissia Attica, which can also be the primary gelateria in Greece, opens.
- 1985: The primary franchise retailer operates in Chalandri.
- 1991-1995: Growth via the franchise mannequin with 17 new Dodoni shops.
- 1995- 1999: Dodoni introduces new manufacturing expertise, creates a microbiological and chemical laboratory in its services, modernization with new high quality methods and ISO & HACCP certifications.
- 1999: Acquisition by the funding group GLOBAL FINANCE. In the identical yr, packaged Dodoni ice cream was launched, whereas the community of shops has now exceeded 100.
- 2000-2007: Growth of a brand new retailer mannequin with new classes of merchandise aside from ice cream (sweets, snacks, espresso, garnishes).
- 2007: Sale of DODONI to NBGI, roughly 180 shops.
- 2011: Disaster, & first indicators of financial institution mortgage defaults.
- 2012: Fireplace breaks out on the manufacturing plant, injury hampers operations.
- 2013: New fro-yo pattern and institution of chillbox.
- 2016: Sale of NBGI to Stage Capital.
- 2020: Sale of Chillbox to Kayak (25% of Dodoni’s gross sales quantity).
Supply: ot.gr
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