Thursday in Nicosia was very festive… The Sarantis family unveiled the new factory they built in Cyprus, entering the steel market in force. In the presence of representatives of the political and state leaders of Cyprus, ministers of the Greek government, local parliamentarians of Thessaly and managers of the parent company, the inauguration had a solemn character. Apart from the fact that the development of Hellenic Dairies constitutes a turning point in terms of investment, since, through haloumi and feta, it wishes to penetrate in a more dynamic way the mature European markets, where both products are in high demand, this was also an opportunity to publicly celebrate the passing of the business from one generation of the family to the next.

Dimitris (Takis) and Michalis Sarantis, who managed in 25 years and after many battles to reach the Olympus of the Greek dairy industry, today forming the largest group in the sector with brands such as Olympos, Rodopi, Tyras, Agno, Doubias, Kliafa, has decided to retire and give the reins of a group which seems to close this year with a turnover of more than 650 million. 650 million euros and an EBITDA close to 100 million euros, with a strong presence also in Bulgaria and Romania, but also numerous exports.

The company now plans to take over the management of the group, which is expected to achieve a turnover of 650 million euros this year, with a strong presence also in Bulgaria and Romania, and numerous exports.

The new generation

The Nicosia celebration was therefore also an opportunity to publicly present the new generation. The first cousins ​​of the same name (Stelios of the cheesemaker grandfather), held the positions of president and CEO respectively, but also the rest of the family members who, in addition to the positions, took on specific responsibilities. George Sarantis, son of Takis, deputy CEO, and his sister Marina, member of the Board of Directors, and Zoe Sarantis, daughter of Michalis, vice president, and her brother Michalis (the youngest)! And all with their now extended families.