Theodoros Karipidis

Theodoros Karipidis (23 May 1979) is a Greek businessman^[2] known as owner of football club Aris Thessaloniki.

Biography

The Karipidis founded the "Karipidis Pallets", pallet manufacturing company in Naousa in 2001 with his sister Irene, using their family expertise in wood processing, primarily focused on the construction industry.The company took part in the Olympic projects of 2004 and 2008 an investment of five million euros completed upgrading its production lines in the plant. The annual production of pallets is 1,500,000€ while the company has more than 250 codes in this product.^[3] In 2014, he bought the supermarket chain Arvanitides in cooperation with Carrefour Marinopoulos.In April 2016, the company came under Article 99 of the Bankruptcy Code, aiming to settle the debts of the previous administration.

Dealing with football

On August 6, 2014, she became known that Karipidis assumed the presidency of Veria. A few months earlier, he had been interested in the purchase of the majority of the Ergotelis share capital,^[4] without finally complete the agreement. In September 2015, he took Inspector debts in Aris Thessaloniki, who was playing for third national category.Because the "yellows" were amateur club in this category, managed to retain the presidency and the group Veria. In the summer of 2016 Aris got back it's professional status after promoting to the Greek 2nd Division and Karipidis became the team's bigger shareholder and owner, after selling the Veria FC shares he owned. He is also president and amateur football team of AS Eirinoupolis.

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