One of Cyprus’ most iconic factories is shutting down.
After nearly 70 years in the heart of Limassol, the historic KEAN factory will officially wrap up operations at its current site by 2026, marking the end of an era for local soft drink production.
The move comes as KEAN’s new owners, Build Better Future, forge ahead with a 200-million-euro urban redevelopment project, promising to reshape a major part of the city with luxury towers, office space, retail shops, and public parks.
But KEAN isn’t shutting up shop entirely, just relocating.
Production is already being gradually transferred to a renovated facility at the Couvas Carton Industries factory in the industrial area of Ypsonas.
BBF says the transition will happen in phases to ensure operations continue without disruption. KEAN has been a household name in Cyprus since it opened its factory in 1956.
Generations grew up on its lemonade and juices, and the factory’s presence became a symbol of local industry and resilience.
Now, BBF plans to honor that legacy through a major redevelopment that blends history with modern city living.
Once production is fully relocated, the original factory will be demolished to make way for the new project: KEAN Towers.
The massive redevelopment will unfold in two phases over a six-year period.
Plans include two 20-story residential towers, class A office space, a 3,000 sq.m. private club, retail stores, a large 6,500 sq.m. public square, green parks and underground parking.