Elikonos 3 S.C.A. SICAR, alongside GR Pioneer Venture Capital Mutual Fund, has disclosed their investment in Ribco S.A., a prominent player in Greece's maritime industry. Ribco, founded in 1994, is renowned for its high-quality rigid inflatable boats (RIBs), which cater to both recreational and professional markets and have gained significant traction in international markets. This investment is a strategic move that underscores Ribco's potential and the growing demand for premium marine vessels.

Ribco has made a name for itself since its inception, producing over 900 boats to date. The company’s first model, measuring 8 meters, was designed for open sea navigation and featured a deck layout inspired by Mediterranean aesthetics. This emphasis on quality and design has bestowed Ribco with a solid reputation in the boating community, with boats known for their construction quality, buoyancy, and reliability. The production process is strictly regulated with internal quality checks ensuring each vessel meets high standards.

This investment by Elikonos 3 and GRP Ventures not only reflects the growing interest in the luxury boating sector but also highlights the potential for expansion within the maritime industry in Greece. With a commitment to innovation and quality, Ribco is positioned to continue its growth trajectory, creating a promising outlook for both investors and customers in the global marine market.