reports
- VRS RESEARCH TEAM
- Christiana Armpounioti
- Stamatios Draziotis CFA
PAPOUTSANIS | Lathering towards growth
Among the largest soap manufacturers in Europe; vertical integration & expanding geographic footprint – Papoutsanis (PAP) is one of the largest soap manufacturers in Europe (and the sole in Greece), operating across four product segments, namely Own brands, Hotel amenities, Private label/Third party and Soap noodles. The company is diversified geographically generating >55% of sales abroad (mostly in Europe). The business model is based on the offering of high-quality, natural ingredient-based p...
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