Lordos United acquires P&S Carton Industries and pays final dividends

Lordos United Public Ltd has officially finalized its acquisition of a 51 per cent stake in the Cypriot corrugated cardboard packaging manufacturer P&S Carton Industries Ltd. The transaction, valued at €8.16 million, involved the purchase of 35,700 shares following a share purchase agreement originally signed on July 10, 2026. The deal received necessary regulatory clearance from the Commission for the Protection of Competition, which determined that the concentration would not harm market competition. As a result, P&S Carton has become a subsidiary of Lordos United, while the original sellers maintain a 49 per cent minority stake.

This strategic acquisition marks a significant expansion for Lordos United, moving the firm beyond its traditional focus on plastics manufacturing and packaging. P&S Carton, founded in 1991, provides packaging solutions for diverse sectors including pharmaceuticals, agriculture, and food and beverages. In separate corporate developments, Lordos United announced on Friday that it has completed the distribution of a €200,000 final dividend to eligible shareholders. This payout, set at €0.0039576 per share, was approved during the company’s annual general meeting held on September 23, 2026.