• Food & Beverages
  • leading brands
  • The market leader in the food and food retail business in Greece


  •  
  • 2016 Revenue:
  • €572m
  • 2015 Revenue:
  • €601m
  • Date of original investment:
  • July 2007
  • MIG Ownership (31 December 2016):
  • 92.1%









Vivartia is the leading food company in Greece, with #1 market positions in each of its core business lines, and #1 or #2 market shares in key products under each division. In Greece, 99% of the consumers recognize Vivartia’s brands.

Vivartia operates across 3 divisions: Dairy & Drinks (Delta, UMC), Frozen Foods (Barba Stathis, Chrysi Zymi), Food Services & Entertainment (Goody’s, Flocafe and Everest).

Vivartia commands #1 market position in each of its core business lines (#1 milk producer in Greece, Cyprus and Bulgaria, #1 in Quick Service Restaurants-QSR, branded coffee shops and catering in Greece and #1 frozen vegetable and frozen pastry producer in Greece), and #1 or #2 market shares in key products under each division (Fresh Milk: 33%, Cold Store Juices: 30%, Fast Food & Coffee: 18%, Frozen Vegetables: 63%, Frozen Dough: 27%)

Vivartia    
Financial Summary (€m) 2016 2015
Current assets 246 258
Non-current assets 567 567
Total assets 813 825
Total Equity 143 161
Sales 572 601
EBITDA 46 50
Net profit / (loss) after minority -18 -25