Giannis Antetokounmpo’s investment company Ante has become a minority shareholder in Hellenic Wineries. Credit: Ververidis Vasilis / Shutterstock

US basketball champion Giannis Antetokounmpo has invested in Greek winery Boutari through his family-owned investment business, Ante.

Ante has acquired a 10% share in Hellenic Wineries, a holding company that owns Boutari Wineries.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

As part of the deal, Ante CFO Kostas Tsigkourakos will be appointed to Hellenic Wineries’ board of directors.

Greece-born sporting brothers Giannis, Thanasis, Kostas and Alex Antetokounmpo launched Ante in June to “have their greatest positive impact on the world”.

Ante said the minority share in Hellenic Wineries was “driven by [the brothers’] deep interest for agriculture, their passion for exporting Greek products internationally and their desire to support the growth of the historical sector of wine”.

Hellenic Wineries bought Santorini-based Boutari Wineries last year and also owns Greek bottled-water brand Ioli.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The family-run winery produces over 40 wines and exports to 25 countries. As well as Santorini, it has wineries in Naoussa, Goumenissa, Mantinia, Attica and Crete.

Elias Georgiadis, CEO of Hellenic Wineries’ majority shareholder Sterner Stenhus, said: “By joining forces, we further enhance our strategic plan for the international recognition of Greek products, as well as the growth of wine tourism in our country.”

All four of the Antetokounmpo brothers play basketball professionally. Giannis and Thanasis play for the Milwaukee Bucks in Wisconsin while Kostas is with Greek Basket League team Panathinaikos. Alex, the youngest brother, plays for the Wisconsin Herd.

In June the brothers also invested in Canadian confectionery company Candy Funhouse to help expand the brand internationally. Ante said it has a “physical presence” in the US and Greece but has plans to expand. Each of the brothers sit on its board, while Giannis is also chairman.