Hochland adds Greek Feta to stable

Hochland SE has taken over 25% of the shares of the Greek Feta cheese producer Greek Family Farm. The privately owned Feta producer was founded in 2000 and 75% of the shares remain in the hands of the Greek shareholders.

The company based in Almyros (with full name Kti­no­tro­fi­ki Ma­gni­si­as – Syn­er­ga­zo­me­nes Ek­me­ta­lef­seis-An­ony­mos Ete­ria SA) has been providing Hochland with original Greek Feta since 2015.

Moreover, the 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.

With Hochland’s acquisition of the shares, the German company secures original Greek Feta of high quality for its Mediterranean brand Patros. The Greek partners strengthen themselves for future investments and will benefit from Hochland’s marketing and production know how.

The contract was signed by both parties in December 2018. It is subject to the approval of the German antitrust authorities. Their decision is expected by the end of January 2019.

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