Ion (chocolate)

Ion Co., Ltd. of Cocoa and Chocolate Industry and Trade is a Greek chocolate company based in Neo Faliro since 1930 (Government Gazette 267/23.09.1930) and is considered one of the 50 largest Greek companies, with an annual turnover of over 118 .8 million euros.

The production products includes various types of chocolate, croissants, wafers and other confectionery, with the best known Almond Chocolate, Chocofretta and Nucrema. In 1947, the ION chocolate factory presented for the first time to the Greek market milk chocolate with almonds, called ION Amygdalou.

History
Although the first chocolate recipe has been manufactured since 1927, the company was formally incorporated in 1930. The main factory is located in Neo Faliro Pireaus.

Corporate affairs
The company has grown to be one of Greece’s 50 largest companies with annual sales of over €100 million. In 1988, Kraft Jacobs Sushard (KJS) acquired 24.5% of holdings, which were bought back by the main shareholders in 1998. In 2023, Bespoke SGA Holdings SA, owned by entrepreneur Spiros Theodoropoulos, has acquired a 60% stake in Ion for an undisclosed sum.

Products
Over the years, Ion introduced other chocolate varieties confectionery products such as croissants and spreadable chocolate. However, it is best known for its almond milk chocolate variety.