Amathus Ltd
Established in 1943, under the name Amathus Navigation, through a number of subsidiary and associate companies, Amathus Ltd has grown over the years into a diversified business organization, covering a wide spectrum of investment sectors like hotels, leisure & entertainment, shipping, transport, and travel & tourism.
Through its subsidiary, Amathus Corporation, the company acts as the passenger and cargo General Sales Agent for several well-known airlines and operates ticketing and travel retail shops all over Cyprus. It is the owner and operator of Let’s Go Tours, one of the leading outgoing tour operators on the island and a key partner in ‘2Serve’, a specialised company providing ground handling services at Cyprus airports. Furthermore, the company represents a number of overseas tour operators. Amathus Corporation is also active in the areas of cargo transportation through its associate company Amathus Aegeas, which operates in the areas of shipping lines agency, chartering & brokerage, warehousing, trucking, custom brokerage, and domestic transhipment of imported and exported goods.
Amathus Leisure, a subsidiary of Amathus Ltd, is an investment company operating in the broader leisure and entertainment field and is the major shareholder of C.C. Coffee Company which is the owner of the international chain Gloria Jean’s Coffees in Cyprus and Cremoso Gelato Artigianale ice cream outlets chain. Also, it is the major shareholder of Heaven's Garden Waterpark, owner of Fasouri Watermania Waterpark.
Also, Amathus Ltd participates in the ownership of luxury hotels such as the Amathus Beach Hotel Limassol (through its associate company Amathina Holdings) and the Olympic Lagoon Resort and Amavi Hotel in Pafos (through its associated companies K.A. Olympic Lagoon Resorts and Hortitsa).
Furthermore, Amathus Ltd is a minor shareholder in the company Frontmarine, which operates in the area of shipping investments.
Over the years, Amathus Ltd has expanded its activities abroad through subsidiary and associate companies in the United Kingdom (Amathus (UK) Ltd), Greece (Amathus Hellas S.A., ANC Worldchoice Holidays MEPE, Leisure Holdings S.A.), providing a wide range of services in the field of travel and tourism.
Until 2022 the company was listed in the CSE (Cyprus Stock Exchange) under the company name Amathus Public.
Amathus Ltd portfolio includes the following: