Greek dairy company founded in 1926, known for Greek yogurt and dairy products, headquartered in Athens, Greece.
Company Type
private
Founded
1926
Headquarters
Athens, Greece
Stock
N/A: N/A
Revenue
approximately EUR 1.2 billion (FY2024)
Employees
approximately 2,500
Primary Market
Global
Greek dairy company founded in 1926, known for Greek yogurt and dairy products, headquartered in Athens, Greece.
Fage was founded in 1926 by Athanassios Filippou in Athens, Greece. Filippou started the business as a small dairy shop selling dairy products to local customers. The company grew through product quality and customer service. Fage expanded its product portfolio to include various dairy products.
In the 1970s, Fage developed strained Greek yogurt, which became the company's signature product. The strained yogurt process removes whey, creating a thicker, creamier yogurt. Fage's strained Greek yogurt gained popularity in Greece and became a staple of Greek cuisine.
In the 1980s and 1990s, Fage expanded internationally. The company opened production facilities in the United Kingdom and began exporting to other European markets. Fage also expanded its product portfolio to include flavored yogurts and other dairy products. The company became known for high-quality Greek yogurt.
In the 2000s, Fage expanded into the United States market. The company opened a production facility in the United States to serve the growing demand for Greek yogurt. Fage benefited from the Greek yogurt trend in the United States and became one of the leading Greek yogurt brands in the market.
Recent strategic direction has focused on product innovation and international expansion. Fage has invested in new product development and expanded its presence in international markets. The company has also focused on sustainability initiatives including sustainable packaging and energy-efficient production. Fage continues to innovate in Greek yogurt and dairy products.
Fage International S.A. owns 1 brand in our database.
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