News in brief

Hochland acquires Greek Feta company shares

By Jim Cornall contact

- Last updated on GMT

Greek Family Farm produces Feta and goat’s milk cheese for the European, US and Australian markets.
Greek Family Farm produces Feta and goat’s milk cheese for the European, US and Australian markets.

Related tags: Feta, Cheese

German dairy company Hochland SE has bought 25% of the shares of the Greek Feta producer known as “Greek Family Farm.”

The company based in Almyros, Ktinotrofiki Magnisias Synergazomenes Ekmetalefseis Anonymos Eteria SA, has been providing the German cheese producer with original Greek Feta since 2015 for its Patros brand.

Greek Family Farm produces Feta and goat’s milk cheese for the European, US and Australian markets and trades in milk, sheep and animal feed.  The privately owned Feta producer was founded in 2000.

The contract was signed by both parties shortly before Christmas. It is subject to the approval of the German antitrust authorities. Their decision is expected by the end of January 2019.

Both parties have agreed to keep the purchase price confidential; 75% of the shares remain in the hands of the Greek shareholders.

Related topics: Manufacturers, Consolidation, Cheese

comments

Post your comment

We will not publish your email address on the website

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.

Follow us

Products

View more

Webinars