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The Greek Yogurt Producers of Greece: FAGE, Kri Kri, Olympus, Mevgal, Dodoni, Delta and the Rest

Writer: Vangelis Pallis
Vangelis Pallis
2 days ago
5 min read

Updated: 24 hours ago

Greece produced roughly 400,000 tonnes of yogurt in 2025 and exported about 240,000 tonnes of it, worth €559 million, mostly to Italy, the United Kingdom, France, Belgium and the Netherlands. Around 90% of that export volume went out as supermarket private label, which means the tub of "authentic Greek yogurt" under a British or Dutch store brand was very likely filled by one of the companies below. Here is who they are, as of late 2026.


FAGE

  • Base: Founded 1926 as a dairy shop in Patissia, Athens. Group holding company in Luxembourg since 2012. Greek production at Amaroussion, Attica; US production at Johnstown, New York (opened 2008).

  • Ownership: Filippou family.

  • Flagship: FAGE Total (0%, 2%, 5%), launched 1975; Total Split Cup; BeFree lactose-free range.

  • Scale: 2025 sales US$898 million (+19%), net profit US$208 million, no debt. More than 90% of sales are outside Greece: the US is about 59% of revenue (fourth-largest yogurt brand there), with the UK and Italy the next largest and growing at 49% and 26% respectively. In Greece FAGE is the leading brand.

  • Note: A planned €150 million Dutch plant at Hoogeveen, announced in 2021, has been repeatedly delayed and is now expected around 2030. Total sold in North America is made in Johnstown from US milk, to the same recipe; Total sold in Europe is made in Greece.


Kri Kri

  • Base: Serres, Central Macedonia. Founded 1954 as an ice-cream maker; yogurt from the 1980s–90s. Listed on the Athens Exchange since 2003.

  • Ownership: Tsinavos family, founder-led.

  • Flagship: "My Authentic Greek Yogurt" (0%, 2%, 10%), Super Spoon High Protein, sheep's milk yogurts, Greek frozen yogurt.

  • Scale: 2025 turnover €329 million (+28%), net profit €34 million. Exports were 62% of sales and grew 44%; yogurt exports rose 46% with the UK up 63%. Sells in more than 40 countries. Kri Kri says it makes more than 95% of Greek-produced private-label yogurt, so by its own count one in two yogurts eaten in Greece comes from its lines. Targeting sales above €400 million in 2026 and spending €26–30 million a year on capacity.


Hellenic Dairies (Olympus, Tyras, Rodopi, Agno) and Dodoni

  • Base: Trikala, Thessaly. Tyras was founded in 1985 by the Sarantis family; the Olympus brand (a Larissa cooperative dairy dating to 1965) was acquired in 2000. Plants in Greece, Romania (Hălchiu near Brașov, since 2011), Bulgaria and Cyprus.

  • Ownership: Dimitris and Michalis Sarantis.

  • Flagship: Olympus Strained Yogurt (2%, 5%, 10%), Freelact lactose-free, Olympus Authentic Greek Strained for export; Rodopi and Tyras ranges.

  • Scale: Greece's largest dairy group by turnover, past €500 million since 2023, with more than 55% of revenue from exports and around ten factories in four countries. In November 2025 it completed the acquisition of Dodoni (Ioannina, Epirus; founded 1963) from CVC's Vivartia for about €205 million including debt. Dodoni, best known for feta, sells yogurt and other dairy in more than 50 countries and had turnover of roughly €180 million in 2024.


Mevgal

  • Base: Koufalia, near Thessaloniki.

  • Ownership: Chatzakou family, with food entrepreneur Spyros Theodoropoulos as vice-chair since 2021.

  • Flagship: Mevgal Strained Yogurt (2%, 10%), "Only" lactose-free range, traditional sheep and goat yogurts.

  • Scale: 2025 sales €207 million (+6%), EBITDA about €20 million; exports 46% of turnover across 36 countries, up 15.5%. Building a second yogurt plant of around €150 million ("Mevgal Dairy Future"), loan signed August 2026 with Recovery Fund support.


Delta Foods

  • Base: Agios Stefanos, Attica. Part of the Vivartia group.

  • Ownership: CVC Capital Partners since December 2020; reported in 2025–26 to be exploring a sale.

  • Flagship: Complet strained yogurt (Full, 2%, 0%, lactose-free), notable for blending cow's milk, cream and sheep's milk with a Cretan starter culture; Vitaline yogurt desserts.

  • Scale: Yogurt sales of about €31 million in 2024 (8.7% share of the Greek market, declining). Historically Greece's biggest dairy brand in milk; in yogurt it is now a mid-sized player.


Koukakis Farm

  • Base: Kato Apostoloi, Kilkis. A vertically integrated farm-dairy milking its own herd.

  • Ownership: Koukakis family, with EOS Capital taking a stake through a €10 million capital increase in March 2026.

  • Flagship: Strained Greek yogurt (exported to the UK and Hong Kong), traditional sheep yogurt with skin, kefir (Greek market leader at about 32% share).

  • Scale: 2025 turnover €59 million (+16%), exports 25% of sales to 30 countries, targeting €70 million in 2026.


Kolios

  • Base: Kilkis, Central Macedonia.

  • Ownership: Kolios family.

  • Flagship: Authentic Greek Yogurt (0%, 2%, 10%), split-cup with honey, Hercules high-protein nonfat yogurt. Better known abroad for feta.

  • Scale: Private; export-oriented with a presence in Romania and other EU markets, including foodservice formats up to 5 kg.


Smaller and regional names worth knowing

  • Amfigal (Amfilochia): sheep and goat products, around 60% exported.

  • Evrofarma (Didymoteicho, Thrace): strained yogurt, kefir and ayran; exports about 30% of sales.

  • Horio (Minerva), Agno, Rodopi and dozens of island and mountain dairies supply traditional set yogurt locally; a few, like Cretan and Naxos producers, sell nationally.


How to read the market

  • Private label is the hidden giant. Nine out of ten export tubs carry a retailer's name. Kri Kri, Hellenic Dairies and Mevgal fill most of them.

  • Two very different business models. FAGE built a brand abroad and manufactures near its markets (Greece for Europe, New York for America). Kri Kri and Hellenic Dairies grew by exporting Greek-made product, branded and unbranded, at scale.

  • Consolidation is under way. Dodoni joined Hellenic Dairies in 2025; Delta is for sale; private equity has entered Koukakis; capacity investments at Kri Kri and Mevgal total several hundred million euros for 2026–2030.

  • Milk is the constraint. Greek farm-gate cow's milk at around 53 cents per kilo is the second most expensive in the EU, and yogurt now absorbs a rising share of national output. Producers lobbying for a protected "Greek yogurt" designation disagree on whether it should require Greek milk; see Who owns the name "Greek yogurt"?.


For the international brands (Chobani, Oikos, Stonyfield, siggi's and others) see Greek yogurt brands around the world, and for individual products with verified links see the product directory.


Figures are the latest published at the time of writing (October 2026) and are drawn from company announcements and Greek financial press; they will change. Corrections from producers are welcome through our [contact page](https://www.yogurt.gr/contact).


Sources

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