Chr. Demetriades & Co Ltd was established in 1953 at Famagusta, Cyprus. Initially the company began imports of foodstuffs and later expanded into automobiles, spare parts, hotels and real estate with trade links in Europe, Africa, the Middle East and Asia.

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Profound history and legacy since 1953.

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1953

 

1953

Chr. Demetriades & Co Ltd was established in 1953 at Famagusta. Initially the company began imports of canned meat from Lyon, France.

1955

 

1953

 

1955

The company begins exports of foodstuffs from Europe to the Middle East through trading partners in Egypt.

1957

 

1955

 

1957

Chr. Demetriades & Co Ltd expands by importing foodstuffs such as dried nuts and fruit from Sub-Saharan Africa.

1960

 

1957

 

1960

Cyprus is now an independent island and the company expands into agricultural equipment by becoming the sole agents of Kubota.

1962

 

1960

 

1962

Chr. Demetriades & Co Ltd becomes the agent of Piaggio in Cyprus, a factory known for producing the iconic Vespa motorcycles.

1963

 

1962

 

1963

Trade links with Japan are further tightened by becoming the sole representatives of Daihatsu Motors.

1973

 

1963

 

1973

Watergate Hotel is constructed right on the golden coast of Famagusta. Furthermore, the new, integrated and state of the art headquarters begin opearting in the heart of Nicosia.

1974

 

1973

 

1974

Turkish invasion of the island forces the family to flee Famagusta and the company is in ruins.

1978

 

1974

 

1978

The family rebuilds the company rapidly from scratch and begins investing into gold and private equity in addition to continued investments in real estate.

1983

 

1978

 

1983

The sole agency of Polski Fiat is earned and exports of Daihatsu vehicles begin in Ireland and the UK in addition to exports of Vespa motors in Syria and Israel. The construction of the new headquarters, based in Limassol, are also completed.

2012

 

1983

 

2012

The company exits the automobile and spare part business.

2023

 

2012

 

2023

Chr. Demetriades & Co Ltd celebrates 70 years in business.

 

What We Do

Private Equity

Over 70 years of experience in founding,
investing and growing private companies

Exports

Experience in exports in fields as wide as
foodstuffs, agricultural machinery,
motor cars, auto parts and
motorcycles.

Real Estate

Experience in real estate in fields
as varied as hotels, agricultural land
and commercial properties.

Imports

Over 70 years of experience in
imports in fields as wide as
foodstuffs, agricultural machinery,
motor cars, auto parts and
motorcycles.

Find Us

Pafou Street 74,
Limassol, Cyprus.
3051

contact@chrdemetriades.com