Specialty cheese company Emmi Roth, in partnership with Emmi Group, has acquired Athenos, a leader in the U.S. feta cheese market.
The acquisition expands Emmi Roth's business and product offerings, strengthening the company's long-standing dedication to the specialty cheese industry. Athenos complements the extensive range of Emmi Roth's locally produced and imported specialty cheeses in the U.S.
"This is an exciting day for Emmi Roth," said Tim Omer, president and managing director at Emmi Roth, in a statement. "We're continuing to focus on the specialty cheese industry that we really care about. We take pride in providing the best specialty cheeses to our customers and consumers, and adding Athenos to our family will strengthen our product range and allow us to offer another great line of products."
Athenos generated net sales of almost $90 million in 2020. Feta cheese has benefited from recent changes in consumer consumption habits and volume sales in the feta category are up 22 percent versus year ago, according to IRI data, said Emmi Roth.
"With the addition of this business, we are investing in our company's long-term future, our business, people, and resources," continued Omer.
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Image: Emmi Roth/Athenos