What Hellenic Dairies does

Hellenic Dairies S.A. (Ελληνικά Γαλακτοκομεία Α.Ε.) is a third-generation, family-controlled Greek dairy producer headquartered in Trikala, operating as the largest dairy company in Greece with €427M of revenue reported in 2021 and a group headcount of roughly 1,550 across 7 production facilities in Greece (Trikala/TYRAS, Larissa/OLYMPOS, Xanthi/RODOPI, Ioannina/Dodoni and Chios/Kambos) plus manufacturing and sales subsidiaries in Italy, Germany, the UK, Sweden, Romania, Bulgaria and Cyprus. The portfolio spans yogurt, white cheeses, semi-hard cheeses, processed cheeses, feta, whey products, and — following the 2025 acquisitions of Kambos Chiou and Dodoni — fruit juices and soft drinks; branded under OLYMPOS, TYRAS, RODOPI, KLIAFA, DOUMBIA and acquired Dodoni, with products sold in more than 50 countries.

Underlying technology centres on integrated dairy processing and cold-chain manufacturing, anchored by a unique-in-Europe biogas and waste-treatment facility (€10M investment covering ~70% of LPG needs), an automated cold-storage complex at TYRAS described as the largest in the Balkans, a modern €14M feta production line, and a €35M haloumi plant under construction in Cyprus. Quality is enforced through 11,000+ daily checks and unique-product traceability across the full value chain, with r-PET packaging (≥30% recycled content) reducing CO2 emissions by 52% versus conventional PET, and the group holding ISO 9001/14001/22000/27001, BRC, IFS, VLOG, TÜV AUSTRIA CoVid Shield and "No Food Waste" certifications.

Revenue is generated by selling branded dairy and beverage products through Greek retail and foodservice distribution, via wholly-owned European subsidiaries, and through direct exports to 50+ countries, with raw milk sourced daily from 2,800 Greek producers under quality-based bonus contracts. The group reinvests ~€40M annually (€193M cumulative over 2017–2022), evidenced by recent large transactions including the €205M Dodoni acquisition from Vivartia (completed November 2025), the Kambos Chiou acquisition (completed January 2025), and a €35M Cyprus haloumi facility.

Name

Hellenic Dairies

Legal name

Ελληνικά Γαλακτοκομεία Ανώνυμη Εταιρεία

Website

https://hellenicdairies.com

Company type

Private

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Hellenic Dairies S.A. is Greece's largest dairy producer and a third-generation family business, manufacturing yogurt, cheeses (including feta and haloumi), whey products and — post-2025 — juices and soft drinks across 7 factories for Greek retail, foodservice and exports to 50+ countries.

Ownership category

akta.pro rank

Product category

Dairy Products

NAICS

Dairy Product Manufacturing (3115), Cheese Manufacturing (311513), Dairy Product (except Frozen) Manufacturing (31151)

SIC

Dairy Products (2020), Beverages (2080), Canned, Frozen & Preservd Fruit, Veg & Food Specialties (2030)

akta.pro primary industry

Cheese Manufacturing (AFAKAKAB)

Keywords

• Dairy products
• Feta cheese production
• Yogurt manufacturing
• Fruit juice production
• Foodservice dairy supply

Headquarters

HQ city

Tríkala

HQ country

Greece

HQ region

Europe

Offices12 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Dairy Products: Production and sale of dairy products including yogurt, white cheeses, semi-hard cheeses, processed cheeses, whey products, and feta cheese. Core revenue stream from Greek market and exports to 50+ countries.
2. Juices and Soft Drinks: Following acquisitions of Kampos (Chios) and expansion into beverages, the company now generates revenue from juice and soft drink categories.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Hellenic Dairies produces and sells a complete range of dairy products (yogurt, white cheeses, feta, semi-hard cheeses, processed cheeses, and whey products) under brands such as OLYMPOS, TYRAS, and RODOPI, with recently added fruit juices and soft drinks via the KAMPOS CHIOU subsidiary. The group operates 7 production facilities, exports to more than 50 countries, and runs its own integrated waste/biogas treatment and traceability systems to support its processing operations.

Differentiator

Problem solved

Functional benefit

Brands

• OLY GREEN: Environmental sustainability slogan/movement used by OLYMPOS for products packaged in recycled PET (r-PET) bottles.
• ΟΛΥ παιδιά (OLY Children)

Products and services

• Yogurt Greek yogurt products sold under group brands (OLYMPOS, TYRAS, RODOPI) for daily household consumption and foodservice use across the Greek market and 50+ export countries.
• Feta cheese Traditional Greek feta cheese produced at the TYRAS facility in Trikala using modern automation and integrated cold storage; sold across Greek retail and export markets.
• White cheeses (incl. haloumi) Range of white-brined cheeses including haloumi (halloumi), produced at Greek facilities with a new haloumi production factory under construction in Cyprus (~€35M investment).
• Semi-hard and processed cheeses Semi-hard cheeses and processed cheese products in the group's portfolio, distributed through Greek retail and international retail partners.
• Whey products Whey-based dairy products produced as part of the integrated production process at the group's facilities.
• Juices and soft drinks (KAMPOS CHIOU) Fruit juices and soft drinks produced at the KAMPOS CHIOU facility in Chios under the KAMPOS, KLIAFA, and DOUMBIA brands, sold through Greek retail and hospitality channels.
• Dodoni-branded dairy range (post-acquisition) Dairy products manufactured at the Dodoni facility in Epirus (added via the November 2025 acquisition), marketed under the DODONI brand for retail and foodservice across Greece and export markets.

Quantifiable outcome

• CO2 emissions reduced by 52% through r-PET packaging vs conventional PET
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• N. Th. Kouroysis LtdcoreStrategic or Co-development Partner · 26 August 2022Agreement for 49% stake acquisition in Cypriot dairy company Kouroysis with administration rights and option to acquire remaining shares. Transaction between N. Th. Kouroysis Ltd and subsidiary OLYMPUS FOODS (CYPRUS) LTD. Subject to approval from Competition Commission of Cyprus Republic.
• HOPEgenesiscoreStrategic or Co-development PartnerPartnership with non-profit organization fighting low birth rates in Greece, especially in border regions. OLYMPOS provides comprehensive medical care and support from pregnancy to childbirth for women in remote areas.
• Municipality of TrikalaminorStrategic or Co-development PartnerCooperation on environmental initiatives including city cleanup operations and community events. TYRAS organized cleaning of city entrances in collaboration with municipality.
• Municipality of AthensminorStrategic or Co-development PartnerSupport for 'Help at Home Plus' program providing dairy products and juices for 5,000 families supported by the municipality's social services.
• Ministry of EducationminorStrategic or Co-development PartnerDonation of 100 tablets for remote learning support for students in remote, border, and island areas from low-income or large families.
• Hospitals (Larissa, Trikala, Xanthi)minorStrategic or Co-development PartnerDonation of 20 fully equipped ICU units and medical supplies worth €1 million to hospitals near production facilities, increasing ICU capacity by 60%.
• Make-A-Wish GreeceminorStrategic or Co-development PartnerChristmas charity partnership supporting children with serious illnesses. Company donated €1,000 collected from employees through star wishes.
• TÜV AUSTRIA HellascoreStrategic or Co-development PartnerCertification partner for food safety, quality, environmental standards, CoVid Shield, and No Food Waste certification programs.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Fage: Greek-founded dairy multinational with the leading international Greek-yogurt brand (Total), directly competing against OLYMPOS in Greek yogurt, white cheese, and feta across the same 50+ country footprint.
• MEVGAL: One of Greece's largest dairy producers headquartered in northern Greece, with overlapping yogurt, feta, and white-cheese product lines competing for the same Greek retail shelf space and Greek farmer-supply relationships.
• DELTA (Vivartia): Greek dairy and food manufacturer that owned the Dodoni and other regional dairy brands before the Vivartia divestiture, directly competing with Hellenic Dairies in Greek cheese, yogurt, and dairy desserts.

Broad incumbents

• Danone: Global dairy and plant-based leader selling Activia-style Greek yogurt, dairy desserts, and cheese-adjacent categories. Competes on European retail shelves and foodservice and sets the price/value benchmark for premium dairy.
• Lactalis: World's largest dairy processor with deep presence in cheese, whey, and dairy ingredients across Europe. Competes for international retail private-label contracts and cheese-supply to HoReCa.
• Arla Foods: Largest dairy cooperative in Europe with broad cheese, butter, yogurt, and dairy-ingredient portfolios. Competes across UK, German, and Scandinavian retail — overlapping directly with Hellenic Dairies' Olympus Dairy subsidiaries.
• FrieslandCampina: Major Dutch dairy cooperative with extensive cheese, yogurt, and dairy-beverage portfolios globally. Competes on European retail private label and on dairy-ingredient supply contracts in the same international footprint.
• Müller (Unternehmensgruppe Theo Müller): German dairy processor with strong positions in yogurt (Müller Milch, Müller Corner), dairy desserts, and cheese (Weihenstephan). Competes with Olympus Dairy in Germany, UK, and other European markets.
• Savencia Fromage & Dairy: French specialty-cheese group with strong positions in European retail and foodservice cheese. A relevant peer for Hellenic Dairies' specialty cheese (feta, white, semi-hard) export channels.
• Groupe Bel: Global cheese player (Laughing Cow, Babybel, Kiri) with established processes and cheese-technology, competing for global retail and foodservice cheese listings that overlap with Greek feta and specialty cheese categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutu.be/0q2PTq3o8wg
• LinkedInlinkedin.com/company/hellenicdairies

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hellenic Dairies