# Lordos United agrees to buy 51% of P&S Carton Industries for €8.16 million

Lordos United has signed an agreement to acquire a 51 per cent controlling stake in P&S Carton Industries for €8.16 million in cash, subject to competition authority approval. The deal takes Lordos into Cyprus's corrugated packaging sector.

- Type: Acquisition
- Announced: 2026-07-10
- Where: Cyprus
- Value: $9.50M (8.16M EUR)
- Status: announced
- Products: corrugated cardboard boxes, packaging solutions
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Lordos United](https://endata.com/companies/14454.md) (acquirer)
- [P&S Carton Industries](https://endata.com/companies/14455.md) (target)

## Sources

- [cyprus-mail.com](https://cyprus-mail.com/2026/07/10/lordos-united-agrees-e8-16m-deal-for-majority-stake-in-ps-carton), 2026-07-10: "Lordos United Public Ltd announced on Friday that it has signed an agreement to acquire a 51 per cent controlling stake in P&S Carton Industries Ltd for €8.16 million in cash"
- [corrugman.com](https://www.corrugman.com/lordos-united-expands-into-paper-packaging-with-ps-carton-acquisition/), 2026-07-22: "Lordos United Public Ltd has signed an agreement to acquire a 51% stake in P&S Carton Industries Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.