The story
The Group started as a battery shop in Athens in 1980 and since then has expanded into retail when it opened its first store by the same year.
In 2003 Germanos in a joint operation with Folli Follie bought a 40% stake of the Hellenic Duty Free shops.
In 2006 it was acquired by Cosmoholding Cyprus Ltd., a subsidiary of the mobile operator Cosmote (now Telekom Greece).
From Wikipedia’s article on Germanos Group, shared under CC BY-SA 4.0.3