Omhros Dairy Accelerates Global Growth With Strategic Cyprus Acquisition

Strategic Acquisition Consolidates Global Ambitions

Omhros Dairy, a renowned leader in the Greek dairy industry, has solidified its international expansion plans with the acquisition of the historic A. Hadjipieris Ltd through its subsidiary, Omiros Dairies Cyprus Ltd. This strategic move is an integral component of a 30 million euro investment initiative designed to boost production capacity for Protected Designation of Origin (PDO) halloumi and to enhance the company’s global export footprint.

Phased Investment to Modernize and Expand Production

A. Hadjipieris Ltd, celebrated for its traditional halloumi and strained yogurt products, is set to become the cornerstone of Omhros Dairy’s expansion strategy in Cyprus. The investment will unfold in two key phases. The initial phase involves a 5 million euro budget dedicated to modernizing existing facilities and increasing production capacity to 5,500 tonnes of halloumi annually. In the subsequent phase, a new state-of-the-art facility with an annual capacity of 12,000 tonnes will be constructed, positioning Omhros Dairy among the leading halloumi producers in the Eastern Mediterranean.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Enhancing Market Reach and Diversification

This acquisition not only ensures access to a product with growing international demand but also diversifies the company’s geographic base beyond Greece while strengthening its export capabilities. With Cyprus already leading in halloumi exports—over 42,000 tonnes valued at more than 324 million euros in 2024—the strategic move promises to add significant value to Omhros Dairy’s portfolio.

Robust Growth and a Commitment to Excellence

The Cyprus expansion complements Omhros Dairy’s impressive financial performance in 2024, which saw a turnover exceeding 100 million euros and a 23.3% pre-tax profit increase. Present in 40 global markets with key export destinations including the United Kingdom, Germany, and the United States, the company’s latest investment underscores its commitment to growth, quality, and preserving its Mediterranean culinary heritage.

The Future Forbes Realty Global Properties

Cyprus Property Deals Reach €286 Million Despite Second-Quarter Uncertainty

by THEFUTURE.TEAM

July 28, 2026

Cyprus’ high-end property market remained active in the first half of 2026, although geopolitical uncertainty may have weighed on investment activity during the second quarter.

€286.4 Million Across The 50 Largest Deals

Property transactions worth a combined €286.4 million ranked among Cyprus’ 50 highest-value deals completed between January and June, according to real estate analytics firm Ask Wire.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Examining the country’s biggest sales across all districts, the report found that the 10 largest transactions alone accounted for €161.7 million, highlighting the concentration of activity at the upper end of the market.

Limassol Extends Its Lead

A €55 million sale involving a building and adjoining fields in Moni was the largest property transaction recorded during the period.

Six of the country’s 10 biggest deals took place in Limassol, with a combined value of €117.2 million. Paphos followed with three transactions worth €35.5 million, while Larnaca recorded one €9 million sale.

Across the broader ranking, Limassol’s 10 largest transactions reached €148.2 million, representing 51.7% of the total value of the top 50 deals. Paphos followed with €68.8 million (24%), while Nicosia recorded €26.7 million. Famagusta narrowly surpassed Larnaca, reaching €21.4 million compared with €21.2 million.

Land Continues To Drive High-Value Deals

According to Ask Wire CEO Pavlos Loizou, land acquisitions continue to dominate Cyprus’ largest property transactions.

“The land market dominates the list of the 10 highest-value property transactions, with seven sales involving fields and plots.”

Many of those sites are expected to be developed into luxury residential and hospitality projects, he added.

Office Demand Remains Strong

Growing demand for office space also reflects the expansion of international companies establishing operations in Cyprus, Loizou said.

“We continue to observe growing demand for office properties, reflecting the expansion of the new ecosystem of international companies that has been establishing itself in Cyprus in recent years.”

Eight of the 10 largest transactions were completed during the first quarter of 2026, with activity slowing in the following three months.

Loizou said the slowdown may reflect investor caution linked to the conflict in the Middle East, which appears to have influenced investment decisions during the second quarter.

Breaking news