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Petzetakis Group Overview

  • Petzetakis is one of the largest manufacturers of Pipe systems and Hoses in S.E Med and S. Africa with

international patents and strong R&D.

  • 160,000 tons production capacity with 10 manufacturing plants in 5 countries (Greece, South Africa,

Italy, Spain, Germany)

  • Market Leader (market share %) in Greece (>40%), South Africa (>35%), and Spain (>35%)

  • The Group ranks among the top three European producers of plastic pipes and among the top 10

manufacturers of plastic pipes and hoses globally.

  • New management since January 09 embarking on a corporate restructuring through a combination of

cost cutting and aggressive marketing policies in Greece to increase capacity utilisation and sales volumes

  • The lack of stable financing and lack of short term liquidity is limiting Petzetakis’ ability to negotiate

competitive prices from suppliers, lower debtor days, finance further integration of the business and improve the group’s tax performance.

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