FAGE Changes Ownership for $85 Million and Returns to Profit

1 sourceFirst reported 27 days agoUpdated 27 days ago

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FAGE Greece changed ownership after 100 years.
The Luxembourg FAGE International S.A. sold the Greek subsidiary to FAGE USA for $85 million.
The transition reinforces the company's ties to the American branch while maintaining Greece as a key production center.
In 2025, FAGE Greece reported record sales driven largely by exports, achieving a turnover of €205.6 million.
Sales in international markets rose by 25.4%, marking a strong performance for the brand.

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ΦΑΓΕ: Αλλαγή ιδιοκτησίας με 85 εκατ. δολάρια και επιστροφή στα κέρδηPhilenews · 27 days ago

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AI summary: catch up in 20 seconds

FAGE Greece changed ownership after 100 years.
The Luxembourg FAGE International S.A. sold the Greek subsidiary to FAGE USA for $85 million.
The transition reinforces the company's ties to the American branch while maintaining Greece as a key production center.
In 2025, FAGE Greece reported record sales driven largely by exports, achieving a turnover of €205.6 million.
Sales in international markets rose by 25.4%, marking a strong performance for the brand.

Generated by AI from the 1 sources below · always verify with the originals