- 1920s
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1916
P.M. Tseriotis is founded in Nicosia, Cyprus by Panayiots M. Tseriotis as a Commission Agency for various European manufacturers like Lever Brothers and BASF.
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1927
Appointed principal agent of Norwich Union Insurance, a cooperation that lasted until 1994 when Norwich Union withdrew from Cyprus.
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1928
Begins cooperation with H.J.Heinz.
- 1930s
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1932
Begins cooperation with Telefunken.
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1938
Begins cooperation with John West Foods.
- 1940s
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1947
P.M. Tseriotis is incorporated as a limited liability company and begins aggressive growth by establishing branches in all major cities and concluding new distribution agreements. The Company moves away from commission business to wholesaling, holding stocks of products and selling through its own sales force.
- 1950s
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1953
P.M. Tseriotis Ltd is appointed importer and distributor of Volkswagen motor vehicles thus beginning a successful journey into the motor vehicle business.
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1953 - 1973:
The business continues to grow with the addition of an increasing number of distribution agreements among these Kerrygold Irish Butter in 1972 and Braun electrical appliances in 1973 and the expansion of the retail sales force and car dealerships.
- 1970s
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1976
Unicars Ltd is incorporated undertaking the Motor Vehicle business and at the same time is appointed importer of Audi AG.
- 1980s
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1983
Begins cooperation with Bauknecht Home Appliances.
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1984
A cooperation agreement is signed with Motorola Inc. marking the start of a relationship which flourished further with the advent of cellular telephony.
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1986
Lever PMT Industries is founded as a joint venture with Unilever for the manufacture of Soaps and Liquid Detergents like Lux and Comfort. The company was later renamed Unilever PMT Ltd.
- 1990s
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1990
Unicars Ltd is appointed importer for SEAT motor vehicles in Cyprus.
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1996
The FMCG business becomes Tseriotis Consumer Goods in a new Central Distribution Unit. Algida ice cream is launched.
The formation of Pylones Ltd and the cooperation with Gateway marks the entry of the group into the IT business.
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1997
Megaelectric Ltd is formed through a merger with another well established player in the consumer electronics and white/brown goods business.
Pylones Hellas Ltd. is founded in Greece.
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1998
Unicars Ltd is appointed importer for Skoda motor vehicles.
- 2000s
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2000
In line with its strategic plans of focusing on core activities the Group divests its shareholding in Megaelectric Ltd.
Mellon (Cyprus) Ltd is founded to undertake specialist Information Technology projects.
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2001
Unicars Ltd enters the car rental sector through the acquisition of a major stake in Uniwheels Car Rentals Ltd. The company operates the Sixt Rent-A-Car franchise in Cyprus.
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2004
Unicars Ltd becomes the market leader in passenger car sales with 20% market share and is accredited with the Volkswagen ISO9001:2000 certification.
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2006
TGA Insurance Agencies Ltd is incorporated as a joint venture with two other agents.
Unicars Ltd is appointed Lamborghini authorised Service partner.
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2007
Inauguration of Unicars Ltd new central premises in Nicosia designed and constructed with functionality and customer service in mind.
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2009
Tseriotis Consumer Goods enters into a sales, marketing and distribution agreement with Chrysodalia.
- 2010s
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2012
• Acquisition of 50% stake in MAN Sales & Services (Cyprus) Ltd gives Unicars a foothold in the truck and bus market.
• The new Audi Terminal one of only 100 in the world begins operation in Nicosia.
• Unilever Tseriotis Cyprus Ltd is established in a joint venture with Unilever, for the sales and marketing of Unilever Household, Personal Care Products and Ice Cream.
• The Tseriotis Consumer Goods Portfolio including newly acquired Barilla products is incorporated into Tryfon Tseriotis, a joint venture with Tryfon Distributors handling amongst many others important brands like Kerrygold, John West, McVities, Weetabix, Kallo and Tilda.
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2013
Diapo Ltd is established to offer 3d Party Logistics services to companies like Unilever Tseriotis, Tryfon Tseriotis and others.
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2014
Unilever Tseriotis takes over entire Unilever portfolio for Cyprus
Focusing on core activities the Group divests its shareholding in TGA Insurance Agencies Ltd.
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2018
Diapo's majority stake is sold to Foodlink
Acquisition of remaining 50% shareholding in MAN Sales & Services
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2019
Tryfon Tseriotis' majority stake is sold to Alf Mizzi & Sons
- 2020s
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2020
Exit from DIAPO
MAN Sales & Services is absorbed into Unicars to create Unicars Pro Solutions catering for the needs of professional mobility.
Operation of After Sales Hub in Nicosia.
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2021
Operation of Sales Hub in Nicosia
Unicars, preparing for the future of mobility, is one of the first entrants in Cyprus with the import and promotion of electric vehicles from Volkswagen, Audi & Skoda.
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