![John Coumantaros](/content/images/size/w1304/format/webp/wordpress/2023/10/John-Coumantaros-3-e1711047944335.jpg)
Flour Mills
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Lagos-based Greek businessman gains $14.4 million from Flour Mills stake
The increase in the market value of John Coumantaros’ stake reaffirms his position as a leading investor on the Nigerian Exchange
![John Coumantaros](/content/images/size/w1304/format/webp/wp-content/uploads/2023/10/john-coumantaros-3-e1711047944335.jpg)
Lagos-based Greek businessman makes $17.1 million from stake in Flour Mills
Founded in 1960 by the late George Coumantaros and now led by his son John Coumantaros, Flour Mills has become a major player in Nigeria’s food and agro-allied industries.
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Greek tycoon John Coumantaros’ stake in Flour Mills of Nigeria tumbles below $70 million
Since Feb. 6, the market value of Coumantaros’ stake in the leading agro-allied group has plunged by $8.7 million, falling from $77.06 million to $68.36 million.
![John Coumantaros](/content/images/size/w1304/format/webp/wp-content/uploads/2023/10/john-coumantaros-3-e1711047944335.jpg)
Greek businessman John Coumantaros loses $24.5 million from Flour Mills stake
Coumantaros faced significant losses as the company’s shares took a recent hit on the Nigerian Exchange.
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Greek tycoon John Coumantaros gains $13.4 million from Flour Mills stake
Coumantaros, the chairman of Flour Mills also ranked as one of the richest investors on the Nigerian Exchange, holds a substantial 63.34-percent stake in Flour Mills.
![John Coumantaros](/content/images/size/w1304/format/webp/wp-content/uploads/2023/10/john-coumantaros-3-e1711047944335.jpg)
Greek businessman John Coumantaros loses $10 million from Flour Mills stake
Coumantaros, ranked as one of the richest investors on the Nigerian Exchange, holds a 63.34 percent stake in Flour Mills of Nigeria.
![John Coumantaros](/content/images/size/w1304/format/webp/wp-content/uploads/2023/10/john-coumantaros.jpg)
Greek tycoon John Coumantaros’ Flour Mills to reward shareholders with $12-million dividend
Coumantaros owns a controlling 63.34 percent stake in Flour Mills of Nigeria through Excelsior Shipping Company.
![John Coumantaros](/content/images/size/w1304/format/webp/wp-content/uploads/2023/07/john-coumantaros.jpg)
Greek tycoon John Coumantaros’ Flour Mills achieves over $2 billion in revenue
Coumantaros owns a controlling 63.34-percent stake in Flour Mills of Nigeria Plc through his entity Excelsior Shipping Company.
![John Coumantaros](/content/images/size/w1304/format/webp/wp-content/uploads/2023/07/john-coumantaros.jpg)
Greek tycoon John Coumantaros faces $18.9-million loss from Flour Mills shares
Coumantaros, a Greek business magnate is among the richest industrialists on the Nigerian Exchange.
![John Coumantaros](/content/images/size/w1304/format/webp/wp-content/uploads/2022/05/whatsapp-image-2022-05-13-at-2.43.55-pm.jpg)
Greek multimillionaire John Coumantaros makes $8.94 million in profit in 37 days from Flour Mills stake
Coumantaros holds a 63.34-percent stake in Flour Mills.
![John Coumantaros](/content/images/size/w1304/format/webp/wp-content/uploads/2022/05/whatsapp-image-2022-05-13-at-2.43.55-pm.jpg)
John Coumantaros takes $30-million hit from Flour Mills investment
Coumantaros’ 63.34-percent stake in the agro-allied group is still up by over $6 million since the start of the year.
![John Coumantaros](/content/images/size/w1304/format/webp/wp-content/uploads/2022/05/whatsapp-image-2022-05-13-at-2.43.55-pm.jpg)
Greek mogul John Coumantaros’ Flour Mills suffers $11-million reduction in profit in H1 2023
Coumantaros controls 63.3 percent of Flour Mills through Excelsior Shipping Company Limited.