VTN Group acquires more real estate, announces new collaborations and activities

13:12 - 29 February 2024

Companies Real Estate

VitaTrace Nutrition (VTN Group) has acquired its eighth property in the Strovolos industrial zone, this time from Themis Portfolio Management, as it gears up to announce a series of new collaborations and real estate activities.

The newest property is a children’s shoe factory, formerly Bebe Chic.

Speaking to InBusinessNews, the general manager of VTN Group, Kyriacos N. Angastiniotis, said the aim is to demolish the factory, which was built in the 1980s, and construct additional industrial storage and office facilities for use by the group.

It is noted that VTN currently owns eight adjoining/adjacent neighbouring plots in the Strovolos industrial area with a total area of approximately 22,000 sq.m., which house approximately 10,000 sq.m. of office, production and storage facilities.

"We are a close-knit family and a well-organised company with export activities in Europe, the Middle and Far East, but also with a dominant position in the Cypriot market,” said Angastiniotis. VitaTrace Nutrition represents in Cyprus the leading multinational companies in the field of health and nutrition, both for farm animals as well as companion animals and pets.

He added that there are new and “very interesting” collaborations and activities in the pipeline for the company. "Thus", he concluded, "we will continue with a program, study and hard work, honouring the memory of the founder of our company, Mr Evripides K. Agastiniotis".

VTN Group acquires more real estate, announces new collaborations and activities

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