MD Foods Hellas 100 per cent owned
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- 10 June 1999
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With effect from February 26, 1999, MD Foods acquired the remaining shares in MD Foods - Caltsoyias Hellas S.A. from its Greek partner Costas Caltsoyias. The company will now be known as MD Foods Hellas S.A.
Greeks eat an average of 24 kg cheese per person per year, making the country the world's largest consumer of cheese. Around ¼ of the consumption is imported cheese.
MD Foods Hellas sells 15,000 tons cheese year, primarily hard and semi-hard cheese such as regato and emmental, but also white cheese. Lurpak and Lurpak soft account for an increasing share of the turnover.
Arla Foods is an international dairy company owned by 9,700 farmers from Denmark, Sweden, the UK, Germany, Belgium, Luxembourg and the Netherlands. Arla Foods is one of the leading players in the international dairy arena with well-known brands like Arla®, Lurpak®, Puck® and Castello®. Arla Foods is focused on providing good dairy nourishment from sustainable farming and operations and is also the world's largest manufacturer of organic dairy products.