Significant Investment in Skroutz by Blackstone
May 11, 2026
Blackstone agreed to acquire a majority stake in Skroutz from CVC Capital Partners for €635 million. The founders of Skroutz will continue to have a stake in the company, with George Hatzi-georgiou remaining as CEO. Skroutz has evolved into a major online marketplace in Greece, offering over 26 million products. Blackstone's investment aims to support Skroutz's growth and expansion into Southeast Europe. The transaction is expected to be completed in 2026, pending regulatory approvals.