Elgeka

What Elgeka does

Elgeka Group is an Athens-headquartered, Athens Stock Exchange-listed (ath:ELGEK) international distribution and commercial services group founded in 1974, operating across Greece, Romania, and Cyprus with 101–250 employees. The group operates through three core entities: ELGEKA (commercial services for food and CPG brand owners, including sales, marketing, trade marketing, and P&L management), DIAKINISIS (a logistics subsidiary running 160,000+ sq. m. of certified multi-temperature warehouse facilities across 15 locations with a 300-vehicle fleet dispatching 45M+ cartons annually), and ELGEKA-FERFELIS Romania (one of Romania's largest distributors with 12 branches across 8 cities). Additional wholly-owned subsidiaries include SAMBROOK PHARMACEUTICAL S.A. for pharmaceutical distribution and ELGEKA (CYPRUS) LTD, organized under multiple intermediate holding entities.

Elgeka's business model is B2B service-based, generating revenue through contractual arrangements and service fees with brand owners and suppliers seeking outsourced channel development in fragmented Southern and Eastern European markets. The group functions as an integral link in the supply chain — managing brand budgets, trade marketing execution, multi-channel distribution, and full-cycle logistics including warehousing, repackaging, transportation, and product returns. Pricing is quote-based with no publicly disclosed schedules. The group does not describe proprietary technology; its value proposition rests on physical infrastructure, multi-country reach, and accumulated trade relationships rather than software differentiation.

The group has exhibited modest revenue contraction over the reported 2020–2024 period with material EBITDA compression and negative net income in recent years, indicating margin pressure despite maintained scale. Distribution infrastructure is the principal durable asset, while growth initiatives focus on e-commerce fulfillment within DIAKINISIS and pharmaceutical distribution via SAMBROOK. No recent funding rounds, M&A, or major partnerships are disclosed in available sources.

Name

Elgeka

Legal name

ELGEKA (GREECE) S.A.

Website

https://elgekagroup.com

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

101–250 employees

Short description

Elgeka Group is a Greece-based, Athens-listed international distribution and commercial services group operating in Greece, Romania, and Cyprus, providing sales, trade marketing, and logistics services to consumer goods brand owners through its ELGEKA, DIAKINISIS, and ELGEKA-FERFELIS subsidiaries.

Ownership category

akta.pro rank

Product category

Consumer Goods Distribution and Commercial Services

NAICS

Other Commercial Equipment Merchant Wholesalers (42344)

SIC

Wholesale-Groceries, General Line (5141), Public Warehousing & Storage (4220), Services-Management Services (8741)

akta.pro primary industry

Institutional Foodservice Distribution (Education, Healthcare, Government) (CRAOABAM)

Keywords

• Consumer goods distribution
• Trade marketing services
• Warehousing logistics
• CPG commercial services
• Sales representation

Headquarters

HQ city

Síndos

HQ country

Greece

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Commercial Services: Elgeka provides integrated commercial services including sales, marketing, trade marketing, and logistics to brand owners and suppliers. Revenue is generated through service fees and contractual arrangements with clients for the representation and management of brands in various markets.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

Elgeka Group provides integrated commercial services to consumer packaged goods (CPG) brand owners and suppliers in Greece, Romania, and Cyprus. Through its subsidiaries ELGEKA, DIAKINISIS, and ELGEKA-FERFELIS Romania, the group delivers sales, marketing, trade marketing, merchandising, and end-to-end logistics services — including warehousing, repackaging, transportation, distribution, and returns handling — acting as a single outsourced link in the brand owners' supply chains.

Product overview

Elgeka Group is an international corporation operating in Greece, Romania, and Cyprus, providing integrated commercial services through its subsidiaries. The core product is ELGEKA (established 1974), offering Sales, Marketing (Online/Offline), Trade Marketing, and Logistics services for CPG and food brands in the Greek market. The subsidiary DIAKINISIS provides comprehensive logistics services including warehousing, distribution, repackaging, and e-commerce fulfillment across 15 locations with over 160,000 sq.m. of storage. ELGEKA-FERFELIS ROMANIA extends the group's distribution capabilities to Romania with similar service offerings. The group leverages technology and know-how to help businesses adapt to changing markets.

Differentiator

Problem solved

Functional benefit

Brands

• DIAKINISIS: Logistics subsidiary providing warehousing, distribution, repackaging, forwarding, and specialized e-commerce services with over 160,000 sq. m. of certified warehouse facilities
• ELGEKA-FERFELIS ROMANIA

Products and services

• ELGEKA Commercial Services Integrated commercial services platform for CPG and food brand owners in Greece, offering Sales and Marketing (online and offline), Trade Marketing, Merchandising, and Logistics. Acts as an outsourced link in the supply chain for brands it represents and manages, providing budgeting, P&L ownership, commercial policy design, market analysis, and traditional/digital media planning.
• DIAKINISIS Logistics End-to-end supply chain and logistics services for B2B and B2C customers in Greece, including warehousing across 15 locations (over 160,000 sq. m. of certified temperature-zone warehouse space), distribution, repackaging, forwarding, returns handling, and specialized e-commerce fulfillment, supported by a certified fleet of 300 vehicles dispatching over 45 million cartons per year.
• ELGEKA-FERFELIS Romania Distribution Distribution, sales, merchandising, marketing, trade marketing, financial planning, and complete logistics services for brand owners in Romania, delivered through 12 branches and storage facilities in 8 cities covering the entire country including challenging geographic areas. Backed by 30+ years of operating experience in the Romanian market.

Quantifiable outcome

• 45 million+ cartons dispatched per year through DIAKINISIS logistics operations
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Eurocash: Eurocash is the largest wholesale distributor of fast-moving consumer goods in Poland, serving independent retailers, foodservice, and brand owners with integrated sales, marketing, and logistics services — directly comparable to Elgeka's food/CPG distribution model in Southern/Eastern Europe.
• Bidcorp: Bidcorp is a South African-listed international foodservice distribution group operating across multiple geographies with a decentralized model of representing leading branded principals — comparable to Elgeka's role as a multi-country brand representative and distributor for CPG principals.
• STEF Group: STEF is a French-listed European temperature-controlled logistics specialist operating warehousing and multi-temperature transport for food producers and retailers — directly comparable to DIAKINISIS's temperature-zoned warehousing and 300-vehicle distribution operation.

Broad incumbents

• Kesko Corporation: Kesko is a Finnish-listed retailer and wholesale distributor with a significant B2B foodservice and CPG distribution arm serving the Nordic and Baltics; its integrated grocery, foodservice, and trade marketing activities overlap meaningfully with Elgeka's combined retail and institutional service model.
• DSV A/S: DSV is a global freight forwarding and contract logistics group headquartered in Denmark with operations across Europe; while not a CPG-focused distributor, it competes for the same B2B logistics and warehousing contracts that DIAKINISIS serves in Greece and Romania.
• Bunzl plc: Bunzl is a London-listed multinational distribution and outsourcing company supplying a broad range of non-food consumables to foodservice, grocery, and institutional customers; while much larger and broader than Elgeka, its model of representing brands and managing category distribution across multiple geographies is structurally analogous.
• Jerónimo Martins: Jerónimo Martins operates food retail and distribution across Portugal, Poland, and Colombia and represents a broader incumbent in the European CPG distribution landscape; its scale and multi-country footprint make it a relevant reference point for Elgeka's regional ambitions.

Regional players

• Sarantis Group: Sarantis is a Greek-listed consumer products group producing and distributing branded personal care, household, and cosmetics products across Southeastern Europe — a regional Greek peer operating in the same CPG value chain and serving overlapping retail customers as Elgeka.
• Jumbo SA: Jumbo is the largest Greek-listed specialty retailer of toys, baby products, and seasonal goods with a pan-Southeastern European footprint; while operating a different category, it is a comparable Greek public market peer of similar scale with multi-country expansion in the same region Elgeka serves.
• Fourlis Holdings: Fourlis Holdings is a Greek-listed retail group operating IKEA and other home/furniture retail franchises in Southeast Europe; while a retailer rather than distributor, it is a relevant Greek capital-markets peer and a downstream customer in the same CPG/consumer products supply chain.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/875821125782677
• LinkedInlinkedin.com/company/elgeka-s-a-

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Elgeka