The story
Vivartia is the result of the merger of Delta Holding S.A., which included Delta Dairy Products, Goody's, Flocafé and Mechelany foods as well as a dozen other major Greek food and beverages related corporations of the nutritions field, with the snack and bakery business lines of Chipita. Its transition deal name was “Brand Co” and was officially changed to Vivartia in May 2006 when the merger was completed. It created the largest food group in Greece, one of the top ten companies in Greece and the 35th largest food group in Europe. The merger was voted "Deal of the Year 2006". After the merger was complete, the company changed its name to Vivartia S.A.
During the next 18 months the transformation strategy was completed with further acquisitions, disposals and restructurings. Jenk left Vivartia in 2006 and Daskalopoulos in 2007, when the majority of Vivartia's share were acquired by Marfin Investment Group.
It now consists of various divisions aimed at different aspects of the field. These are:
Dairy & Beverages Division (formerly Delta)
Frozen Foods Division (Barba-Stathis)
Catering Services & Entertainment Division (Goody's, Flocafé)
From Wikipedia’s article on Vivartia, shared under CC BY-SA 4.0.4
