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Salamis Tours stays in founder’s family following full acquisition

Salamis Tours stays in founder’s family following full acquisition

Salamis Tours, originally founded by Vasos Hadjitheodosiou, remains under the firm control of his family.

Recently, E.V.H. Investments Limited, a subsidiary within the family’s business structure, increased its stake in Salamis Tours from about 80 per cent to 91.19 per cent.

This move followed approval by the Cyprus Securities and Exchange Commission (CySEC) on March 12, which permitted E.V.H. to exercise its right to acquire the remaining shares, culminating in complete ownership.

Addressing and dispelling earlier rumours, this strategic consolidation confirms that all 100 per cent of Salamis Tours’ shares are retained by Hadjitheodosiou’s descendants.

This ensures the continuation of the founder’s legacy within the operational fabric of the company.

Hadjitheodosiou, who passed away in September 2019, left behind a legacy characterised by resilience and innovation, elements that his family continues to uphold in guiding the company forward.

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