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Delta partnership approved

Press Release   •  Aug 24, 2000 13:08 CEST

The EU Commission last Tuesday, approved the joint venture between Arla Foods and the Greek food company, Delta.

In June, the companies announced plans for a joint venture comprising Delta Selections and Arla Foods Hellas to be known as Arla Foods Hellas S.A. Delta will hold a 40 % stake and Arla Foods 60 % in the new company.
Delta Selections produces Greek feta based on sheep and goats' milk and the new company will, therefore, be the largest importer of dairy products in the Greek market as well as an important local producer.
The joint venture means that original Greek feta will now become part of Arla Foods' international speciality cheese portfolio.