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Company type | private |
---|---|
Founded | 1926 (Athens, Greece) |
Headquarters | Strassen, Luxembourg [1] |
Key people | Athanassios-Kyros Filippou (Chairman) Athanassios Filippou (Vice Chairman & CEO) Robert Shea (CFO) |
Products | dairy, yogurt, Greek yogurt, cheese |
Revenue | 535.63 millions $ (2021) |
44.46 millions $ (2021) | |
15.80 millions $ (2021) | |
Total assets | 656.76 millions $ (2021) |
Total equity | 284,774 millions $ (2021) |
Owner | Filippou family |
Number of employees | 1,400 |
Website | home |
Fage International S.A. (Greek : Φάγε [ˈfaʝe] ) is an international dairy company founded in Athens, Greece, and as of 2012 headquartered in Strassen, Luxembourg. [2] It is one of the major dairy brands in Greece. [2] It manufactures dairy products including milk, yogurt and ice cream. The word φάγε (pronounced "fa-yeh") is both the singular imperative verb meaning 'Eat!' and the initials Φ.Α.Γ.Ε./F.A.G.E. (Φιλίππου Αδελφοί Γαλακτοκομικές Επιχειρήσεις/"Filippou Adelphoi Galaktokomikes Epicheiriseis" or "Filippou Bros. Dairy Co.").
In 1974 the current Fage factory was built. New varieties and flavors were introduced shortly after. In 1981, exports to the European market began. Total, the first commercial strained yogurt, was introduced, becoming a huge success.
In 1991 Fage entered the cheese market, mostly manufacturing traditional Greek cheese. It produces, packs and supplies to consumers in Greece and abroad a variety of cheeses including its trademark Feta cheese. Today, Fage has a large range of cheeses including: Feta, Graviera, Trikalino, Trikalino Light, Gouda, Edam, Plagia, Regato, Sandwich Cheese, Junior portions, Junior slices, Junior Meridoules, and Flair.
In 1993 Fage entered the fresh milk market, introducing FAGE Fresh Milk all over Greece. In this same year, the company built new factories exclusively for fresh pasteurized milk, a new line of pasteurization, homogenization, new machinery, and packaging.
Additionally, after a significant investment in research and machinery, Fage presented a new innovative product to the Greek market, High Pasteurized Milk, which created a new category of milk.
Today, Fage offers a wide range of milk including its most popular Farma Milk.
In June 1999, the dioxin problems that plagued several milk exporters from Belgium started a public scare that resulted in the disposal of all dioxin-affected milk. Several months later by the Fall, Fage's dairy products became free of dioxins and the company began to use milk exported from decontaminated countries.
In the late-1990s Fage began marketing its products and began selling in Belgium, France, Germany, Italy, the Netherlands, and the United Kingdom. From 2001 the company entered the United States where it has located its headquarters in Johnstown, NY. The yogurt was later featured in Saveur magazine.
In October 2012, the company announced that it would be moving its headquarters out of Greece to Luxembourg. Reasons for the move include more favorable tax conditions, better access to bank funding, and a reduced exposure to the Greek financial crisis. [3]
In 2007, Fage put a billboard along the route of the Macy's Thanksgiving Day Parade. The billboard looked as if a Tweety balloon had become stuck in the yogurt. [4] In 2011, Fage began airing "its first television advertisements in North America," featuring voiceover work by actor Willem Dafoe. [5] [6]
Yogurt is a food produced by bacterial fermentation of milk. Fermentation of sugars in the milk by these bacteria produces lactic acid, which acts on milk protein to give yogurt its texture and characteristic tart flavor. Cow's milk is most commonly used to make yogurt. Milk from water buffalo, goats, ewes, mares, camels, and yaks is also used to produce yogurt. The milk used may be homogenized or not. It may be pasteurized or raw. Each type of milk produces substantially different results.
Cottage cheese is a curdled milk product with a mild flavour and a creamy, heterogeneous, soupy texture, made from skimmed milk. An essential step in the manufacturing process distinguishing cottage cheese from other fresh cheeses is the addition of a "dressing" to the curd grains, usually cream, which is mainly responsible for the taste of the product. Cottage cheese is not aged.
Ultra-high temperature processing (UHT), ultra-heat treatment, or ultra-pasteurization is a food processing technology that sterilizes liquid food by heating it above 140 °C (284 °F) – the temperature required to kill bacterial endospores – for two to five seconds. UHT is most commonly used in milk production, but the process is also used for fruit juices, cream, soy milk, yogurt, wine, soups, honey, and stews. UHT milk was first developed in the 1960s and became generally available for consumption in the 1970s. The heat used during the UHT process can cause Maillard browning and change the taste and smell of dairy products. An alternative process is flash pasteurization, in which the milk is heated to 72 °C (162 °F) for at least fifteen seconds.
Feta is a Greek brined white cheese made from sheep milk or from a mixture of sheep and goat milk. It is soft, with small or no holes, a compact touch, few cuts, and no skin. Crumbly with a slightly grainy texture, it is formed into large blocks and aged in brine. Its flavor is tangy and salty, ranging from mild to sharp. Feta is used as a table cheese, in salads such as Greek salad, and in pastries, notably the phyllo-based Greek dishes spanakopita "spinach pie" and tyropita "cheese pie". It is often served with olive oil or olives, and sprinkled with aromatic herbs such as oregano. It can also be served cooked, as part of a sandwich, in omelettes, and many other dishes.
Skyr is a traditional Icelandic cultured dairy product. It has the consistency of strained yogurt, but a milder flavor. Skyr can be classified as a fresh sour milk cheese, similar to curd cheese consumed like a yogurt in the Baltic states, the Low Countries and Germany. It has been a part of Icelandic cuisine for centuries.
Müller is a German company producing a variety of dairy products, with headquarters in Fischach in the German state of Bavaria. Aside from its German home market, Müller is also active on various markets around Europe and beyond. It is, for example, one of the best selling yogurt brands in the United Kingdom.
Clabber is a type of soured milk. It is produced by allowing unpasteurized milk to turn sour (ferment) at a specific humidity and temperature. Over time, the milk thickens or curdles into a yogurt-like consistency with a strong, sour flavor. In Joy of Cooking, "Clabber... is milk that has soured to the stage of a firm curd but not to a separation of the whey."
Strained yogurt, Greek or Greek-style yogurt, yogurt cheese, sack yogurt, kerned yogurt or labneh is yogurt that has been strained to remove most of its whey, resulting in a thicker consistency than normal unstrained yogurt, while still preserving the distinctive sour taste of yogurt. Like many types, strained yogurt is often made from milk enriched by boiling off some water content, or by adding extra butterfat and powdered milk. In Europe and North America, it is often made from low-fat or fat-free cow's milk. In Iceland a similar product named skyr is made.
Manouri is a Greek semi-soft, fresh white mixed milk-whey cheese made from goat or sheep milk as a by-product following the production of feta. It is produced primarily in Thessalia and Macedonia in central and northern Greece.
MEVGAL is a Greek brand of dairy products company, the largest in Macedonia and the third largest producer of fresh dairy products in Greece. Its name is an acronym for Macedonian Milk Industry. It is headquartered in Koufalia in the Thessaloniki regional unit. It manufactures dairy products that include yogurt, cheese and dairy-based desserts which total up to 170 individual products.
Groupe Lactalis S.A. is a French multinational dairy products corporation, owned by the Besnier family and based in Laval, Mayenne, France. The company's former name was Besnier S.A.
Mlekara Subotica was a Serbian producer of dairy products based in Subotica, Serbia.
Calidad Pascual S.A.U. is a Spanish dairy company based in Madrid, Spain. The company was founded as Grupo Leche Pascual in 1969 by Tomás Pascual. It changed its name to Calidad Pascual in January 2014.
Sheep milk cheese is a cheese prepared from sheep milk. Well-known cheeses made from sheep milk include the feta of Greece, Roquefort of France, manchego from Spain, the pecorino romano and ricotta of Italy. Yogurts, especially some forms of strained yogurt, may also be made from sheep milk.
Brookside Dairy Limited, often referred to as Brookside Dairies, is a dairy processing company in Kenya, the largest economy in the East African Community. The company offers fresh pasteurized milk, cream, butter, yogurt, ghee, and long life milk products in Indian Ocean Islands, East Africa, Rwanda and Burundi. It provides products through distribution depots, agents, and sub agents to outlets in East Africa.
Kalleh Dairy is an Iranian dairy, food and drink company headquartered in Amol, Iran.
At-Tahur Limited, doing business as Premá, is a Pakistani public limited company based in Lahore. It is owned and controlled by its chief executive officer, Rasikh Elahi, who is a son Pervaiz Elahi.
Greenfields is a dairy company based in Malang, Indonesia and the largest dairy company in Southeast Asia. Greenfields has 2 farms and a factory at hillside of Mount Kawi in Malang Regency and Blitar Regency. The company was founded on March 14, 1997. Greenfields is a popular milk brand in Indonesia, Singapore, Malaysia, Hong Kong, Brunei, and the Philippines.
José Sánchez Peñate, S.A. (JSP) is a corporation in the Canary Islands, Spain. It operates in the food sector, mainly in the preparation and packaging of dairy products, as well as other products such as coffees, infusions, meat products, and canned fruits. It operates two main dairy factories in Tenerife, and has other plants throughout the Canary Islands. Its headquarters are located in Las Palmas, Gran Canaria.
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