PRESS RELEASE
24 June 2025

Deal Announcement! National Paints – Viostik!

PL
Patrikios Legal

Contributor

Patrikios Legal is a leading, highly recommended and multi-awarded law firm based in Cyprus. With more than 60 years of experience in the local and international legal market, the firm is renowned for its involvement in some of the largest cross-border transactions and complex litigation and arbitration matters and its exceptional client service in Cyprus and abroad.
We’re excited to share that Angelos Onisiforou Partner – Financial, Commercial, VAT, Angeliki Epaminonda Partner – Financial, Corporate, M&A, and Nikoleta Christofidi Senior Associate successfully represented National Paints.
Cyprus

We're excited to share that Angelos Onisiforou Partner – Financial, Commercial, VAT, Angeliki Epaminonda Partner – Financial, Corporate, M&A, and Nikoleta Christofidi Senior Associate successfully represented National Paints, a Dubai based company being one of the largest paint consortiums in the Middle East, in the acquisition of Viostik Ltd, one of the oldest and most respected companies in its field in Cyprus.

✅ Deal Highlights:

Buyer: National Paints–nationalpaints.com
Target: Viostik Ltd – viostik.com.cy

This transaction is an important milestone for the Cypriot business landscape as it brings to the Island a third-generation business with an entrepreneurial vision which is deeply rooted in its family heritage and commitment to excellence.

Well done to our team for leading this complex and significant deal. It was a privilege for our team to provide their support in this transaction.

Many thanks to National Paints and their extraordinary team for entrusting this milestone project to us.

Contributor

Patrikios Legal is a leading, highly recommended and multi-awarded law firm based in Cyprus. With more than 60 years of experience in the local and international legal market, the firm is renowned for its involvement in some of the largest cross-border transactions and complex litigation and arbitration matters and its exceptional client service in Cyprus and abroad.

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