Vivartia

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In the spotlight: What Grexit could mean for the food industry

3 Jul 2015

This Sunday, Greece will decide whether to accept a proposal from its creditors following the breakdown of negotiations over its EU1.6bn debt repayment with the International Monetary Fund. If voters reject the proposal, Greece risks exiting Eurozone. Concerns over what this will mean for the food industry are rife and food manufacturers have started taking measures to prepare for the worst.

GREECE: Vivartia eyes France, Italy with Granarolo tie-up

17 Jan 2014

Greek food group Vivartia has secured distribution for its Delta Greek yoghurts and cheeses in France and Italy after a deal with Italian dairy firm Granarolo.

US: B&G Foods snaps up TrueNorth nut brand from DeMet's Candy Co.

7 May 2013

US food group B&G Foods has acquired nut brand TrueNorth from confectioner DeMet's Candy Co.

Quote, unquote: just-food's week in words

1 Oct 2012

Coles MD Ian McLeod's warning to suppliers into Australia's grocery sector was among last week's more notable soundbites.

MIDDLE EAST: Dairy firm Vivartia signs JV with Exeed Industries

28 Sep 2012

Greece-based dairy group Vivartia will expand its presence in the Middle East and North Africa via a joint venture with Exeed Industries.

US: Biscotti firm Nonni's buys Canadian biscuit firm V.I.S.

25 Jan 2012

US-based biscotti maker Nonni's Foods has acquired Canadian biscuit firm V.I.S, maker of the Thinaddictives brand.

Editor's choice: the highlights on just-food this week

3 Sep 2010

A raft of first quarter and first half results kept the pages of just-food turning this week, and the fragile recovery being seen in the global economy is being mirrored by some encouraging signs in our sector. Heinz, Kerry Group, Carrefour and Del Monte all came out in credit.

GREECE: Vivartia signs deal to merge with Mevgal

1 Sep 2010

Vivartia has signed an acquisition agreement that should see it acquire a 58% stake in Greek dairy group Mevgal.

GREECE: Vivartia plans company overhaul

27 Mar 2009

Vivartia, the Greece-based food maker, is to become a holding company for four separate divisions in a wide-ranging company revamp.

GREECE/JAPAN: Vivartia signs yoghurt deal with Morinaga

30 Jan 2009

Greek food group Vivartia has signed a deal with Japanese dairy firm Morinaga Milk Industry Co. in a bid to produce Greek yoghurt in the Asian country.

GREECE: Costs, fines hit Vivartia profits

27 Mar 2008

Vivartia, Greece’s largest food group, saw its pre-tax profits fall last year due to costs linked to the change of ownership at the company and fines incurred for price-fixing.

GREECE: Vivartia in US bakery move with Nonni's buy

6 Mar 2008

Vivartia, Greece’s largest food group, is set to enter the US bakery and confectionery sectors with the acquisition of snack firm Nonni’s Food Co.

GREECE: Vivartia hit with price-fixing fine

2 Jan 2008

Vivartia, Greece’s largest food company, has been hit with a EUR21.8m (US$31.9m) fine for its part in fixing the price of dairy products in the country.

GREECE: Bullish Nestlé to fight Greek "cartel" fine

5 Dec 2007

Nestlé has vowed to fight the Greek government in court after the company was fined for alleged price-fixing in the country’s dairy market.

GREECE: Financial costs hit Vivartia

30 Nov 2007

Vivartia, Greece’s largest food company, has seen increased financial costs hit earnings so far this year. The company, which was bought by local investment fund Marfin Investment Group (MIG) this summer, said pre-tax profits fell almost 17% during the first nine months of the year.

GREECE: Vivartia owners to sell 12% stake

30 Oct 2007

The owner of Vivartia, Greece’s largest food group, has decided to sell 12% of the company through a public share offer.

GREECE: Vivartia faces competition probe and possible fine

19 Oct 2007

Vivartia is under investigation from competition authorities in Greece.

GREECE: Vivartia execs to stay on as chairman quits

12 Oct 2007

Vivartia, Greece’s largest food company, has insisted its entire management team is staying with the company in the wake of its takeover.

GREECE: Vivartia owner to sell minority stake

9 Oct 2007

The owner of Vivartia, Greece’s largest food group, is planning to sell a stake in the company in a bid to keep the business publicly-listed.

GREECE: Vivartia investor gets nod to buy up firm

7 Sep 2007

Greece’s share watchdog has approved plans for the majority shareholder in food group Vivartia to buy the rest of the company.

GREECE: Vivartia sells stake in Dodoni Ice Cream

6 Aug 2007

Greek food group Vivartia has sold its 24% stake in Dodoni Ice Cream to the investment arm of the National Bank of Greece for around EUR5m (US$6.9m).

UPDATE: GREECE: Vivartia unworried at prospect of takeover

18 Jul 2007

Greece's largest food company Vivartia told just-food today (18 July) that it is unworried that its largest shareholder is looking to buy the company outright. Marfin Investment Group (MIG) said this morning that it intends to submit an offer for the whole of Vivartia after building its stake in the company to over 50.8%.

GREECE: Vivartia in sights of largest shareholder

18 Jul 2007

Greece’s largest food company Vivartia looks set to receive a takeover bid from its largest shareholder, it emerged today (18 July).

GREECE: MIG reveals details of Vivartia deal

16 Jul 2007

Marfin Investment Group (MIG) and Vivartia today (16 July) confirmed that a deal that has seen the investment firm become the largest shareholder in the Greek food group.

GREECE: Investment firm "buys Vivartia stake"

13 Jul 2007

Greek investment firm Marfin Investment Group (MIG) has reportedly bought a significant stake in the country’s largest food group Vivartia.

GREECE: Vivartia to form bakery JV in Middle East

21 Jun 2007

Greek food group Vivartia is to move into the Middle East with a venture in Saudi Arabia. The dairy-to-snacks foods group has signed a deal with Western Bakeries, a leading bakery group in the Gulf, and Saudi conglomerate Olayan Financing Company (OFC).

GREECE: Vivartia posts dip in Q1 profits

30 May 2007

Greek food group Vivartia has posted a dip in first-quarter profits despite a jump in revenues.



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