Hellenic Dairies: A Leading Force in the Greek Dairy Industry

Company Overview

Hellenic Dairies, based in Greece, is a prominent entity in the dairy sector, renowned for its wide array of products, including dairy items, fruit juices, and soft drinks. The company has recently strengthened its market position by acquiring Dodoni, a local dairy business formerly owned by the Vivartia Group.

Location and Operations

Operating from Greece, Hellenic Dairies has successfully expanded its footprint to international markets, exporting products to over 50 countries worldwide. This global reach highlights the company's strategic expansion efforts and commitment to broadening its market presence.

Financial Performance

In 2023, Hellenic Dairies showcased significant growth in its financial performance. The company reported a turnover increase of 21.3%, reaching €600 million. Furthermore, the EBITDA experienced an impressive rise of 44.7%, amounting to €94.1 million. These figures reflect the company's effective business strategy and operational efficiency.

Key Events

A noteworthy event for Hellenic Dairies has been the acquisition of Dodoni, a strategic move aimed at enhancing its product offerings and increasing market share within the dairy sector. Additionally, the company attempted to acquire Alföldi Tej Kft., a Hungarian dairy firm. However, this acquisition was blocked by the Hungarian government due to concerns over the country's food security.

Future Plans

Looking forward, Hellenic Dairies plans to further enhance its product offerings and continue its expansion into international markets. The company remains focused on solidifying its position as a leader in the dairy industry while exploring new opportunities for growth and innovation.

Modified: 2025/11/14

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