Ion Co., Ltd. of Cocoa and Chocolate Industry and Trade is a Greek chocolate company based in Neo Faliro since 1930[3] (Government Gazette 267/23.09.1930) and is considered one of the 50 largest Greek companies, with an annual turnover of over 118 .8 million euros.

Ion
Company typeIncorporated
IndustryChocolatier
Founded1930
HeadquartersAthens, Greece
ProductsChocolates
Revenue€117.88 million [1] (2022)
Number of employees
1080 (2005)[2]
Websitewww.ion.gr/en/

The production products includes various types of chocolate, croissants, wafers and other confectionery, with the best known Almond Chocolate, Chocofretta and Nucrema. In 1947, the ION chocolate factory presented for the first time to the Greek market milk chocolate with almonds, called ION Amygdalou.

History edit

Although the first chocolate recipe has been manufactured since 1927, the company was formally incorporated in 1930.[2] The main factory is located in Neo Faliro Pireaus.

Corporate affairs edit

The company has grown to be one of Greece’s 50 largest companies with annual sales of over €100 million. In 1988, Kraft Jacobs Sushard (KJS) acquired 24.5% of holdings, which were bought back by the main shareholders in 1998.[4] In 2023, Bespoke SGA Holdings SA, owned by entrepreneur Spiros Theodoropoulos, has acquired a 60% stake in Ion for an undisclosed sum.[5]

Products edit

Over the years, Ion introduced other chocolate varieties confectionery products such as croissants and spreadable chocolate. However, it is best known for its almond milk chocolate variety.

See also edit

References edit

  1. ^ https://ceoworld.biz/2023/07/16/ion-who-is-the-new-ceo-of-the-historic-chocolate-factory/
  2. ^ a b "Ion homepage (English)". Retrieved 2007-11-06.
  3. ^ "Η ιστορία μας" (in Greek). Retrieved 2017-04-30.
  4. ^ "ΙΟΝ: Μια αμιγώς ελληνική εταιρία που "μιλά" στην καρδιά μας". Business News (in Greek). 2017-11-17. Retrieved 2017-11-19.
  5. ^ https://www.newmoney.gr/roh/palmos-oikonomias/business-stories/sta-cheria-tou-spirou-theodoropoulou-perna-pleon-i-ion/