The Service of the Commission for the Protection of Competition has received a notification of a concentration concerning the acquisition of the share capital of N.Th. Kouroushis Ltd by Olympus Foods (Cyprus) Ltd.
Olympus Foods (Cyprus) Ltd is a company duly registered under the laws of the Republic of Cyprus. Olympus is a subsidiary of the Greek company HELLENIC DAIRIES S.A. and is active in the import and distribution in the Cypriot market of products of the company HELLENIC DAIRIES S.A..
HELLENIC DAIRIES S.A. is a company duly registered under the laws of Greece. It is active in the production and distribution of dairy and cheese products and juices. The main product groups produced by HELLENIC DAIRIES S.A. and its subsidiaries are: Cheese – Butter (White and yellow cheeses, whey cheeses, hard cheeses, butter), Dairy (Fresh milk, high pasteurization milk (ESL), long-life milk (UHT), chocolate milk, sour milk, cream, milk desserts), Juices (fresh juices), Yogurts-Yogurt desserts (yogurt, yogurt by-products), Vegetable products, Mountain tea, Soft drinks, Carbonated water.
N.Th. Kouroushis Ltd is a company duly registered under the laws of the Republic of Cyprus. This company is engaged in the production and trade of dairy products. Specifically, it produces products that are traded under its own brand as well as products that it produces on behalf of its customers (private label products). The product groups in which N.Th. Kouroushis Ltd operates are yogurt, halloumi, anari, kefir and airani.