AKFA SA is a significant JV investment that Aktas carried out in the Greek market in July 2014 in a joint partnership with Megara Resins SA. Megara Resins SA is a well-established manufacturer and supplier of raw materials for industrial and architectural coatings as well as rosin based and other synthetic resins for the paint, adhesive, paper and construction industry (http://www.megararesins.com/about-us/at-a-glance). The establishment of AKFA was a strategic step of the group for the expansion of target markets, the diversification of customer and product portfolios, and most importantly the acceleration of commercial activities between two countries.

The market share in Greece and neighbouring countries has significantly increased with the acquisition of the highest-capacity tank terminal in the country, in Chalkida – Evia region.