Cyprus Mail10 Jul 2026

Lordos United agrees €8.16m deal for majority stake in P&S Carton

Lordos United Public Ltd announced on Friday that it has signed an agreement to acquire a 51 per cent controlling stake in P&S Carton Industries Ltd for €8.16 million in cash, marking its entry into Cyprus’ corrugated packaging sector.

The company said the acquisition agreement was signed with the existing shareholders of P&S Carton Industries Ltd, with the transaction subject to regulatory approval from the Commission for the Protection of Competition....

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