M&A: Tier 1
Capital Markets: Tier 2
Project Finance: Tier 2

The firm’s principal strength is in M&A and transaction examples from last year back this up. One example saw Cleomenis Yannikas advise Hellenic Petroleum on the merger of Elpedison Energy and Elpedison Power, the deal saw the company combine its generation and trading activities. The firm also concluded work in the privatization area with Yannikas acting for SOCAR on the privatization of the Greek natural gas distributor DESFA. In a similar area Yannikas led a team advising Aegean Airlines on matters related to the privatization of Cyprus Airlines. Other M&A work includes the work done by Yannikas for Loulis Mills on its acquisition of flour manufacturer Kenfood; and work done by Dryllerakis on the demerger of a Greek insurance company. There were some changes in Dryllerakis Law Firm last year with the addition of corporate partner Vassilis Constantinidis from an in-house role at Carlsberg.
In the finance area Sophia Grigoriadou led a team advising Systems Sunlight on the restructuring of a bond loan agreement. Grigoriadou also acted for Henkel Hellas on matters relating to a loan agreement. Elsewhere Constantinidis advised the Carlsberg Group and the Mythos Brewery in relation to a bond loan agreement. In the capital markets space John Dryllerakis acted alongside an international firm on a share offering by an Australian corporate. The firm also acted for various confidential clients on capital increases.