Eleftherios Mouzakis (1913-2006), founder of the companies of the Group, had his first contact with the sewing thread section in 1933, as an employee in an thread import & distribution company.

1944: He establishes a small sewing thread company, “BUTTERFLY THREADS – MOUZAKIS” which distinguished itself in quality very soon and grew in a fast pace.

1952: He takes over the import and distribution of hand-embroidery threads of DMC on exclusivity basis.

1957: Together with “GUITAR THREADS” he establishes “LES FILTERIES DE GRECE S.A." The new company comprises also, all other sewing thread companies that were bought meanwhile, together with their brands. Thus the company takes the biggest part of the Greek market in sewing and embroidery threads. 1968: The “EL. D. MOUZAKIS S.A." company is founded and its first spinning mill starts operating in 1970.

“EL. D. MOUZAKIS S.A", is considered the leading company of the Group and all operations that followed, were made by this company.

1991:	The company enters the Athens Stock Exchange.
	It signs an exclusivity contract with MADEIRA to import and distribute its products in the Greek market.
1994:	It buys off “LES FILTERIES DE GRECE S.A."
1995:	“EL. D. MOUZAKIS Serres Ginning S.A" is founded. “EL. D. MOUZAKIS S.A." participates with a 51% share.
1998:	It signs an exclusivity contract with GÜTERMANN for the import and distribution of its consumer products in the Greek market.
1999:	It enters “HELIOS S.A" with a 50% share and “ROBERT MATRA S.A.", with a 60% share.
2000:	It founds a new Ginning Mill of its own in Karditsa (Thessaly – Central Greece).
2001:	It enters “MACOPLEX S.A." company with a 65,2% share.
	It buys a 35% share in “ELVIP s.r.o" established in the Czech Republic to facilitate the introduction of its products in Central and Eastern Europe.