Mubasher TV
Contact Us Advertising   العربية

Juhayna’s unit eyes EGP 4bn “Puck” cheese sales

Juhayna’s unit eyes EGP 4bn “Puck” cheese sales
Juhayna has started production of 'Puck' feta cheese in partnership with the Danish Arla Foods
Juhayna
JUFO
-1.28% 18.50 -0.24

Cairo – Mubasher: Juhayna Food Industries has started production of 'Puck' feta cheese in partnership with the Danish Arla Foods.

Given that Egypt’s largest dairy producer has formed a joint venture, ArJu Food Industries, with Denmark’s Arla foods back in 2015, according to a statement.

The Egyptian company targets annual sales of EGP 4 billion by producing Puck feta cheese, ArJu’s chairman Yasser El-Malawani said.

The first phase of this partnership focused on distributing Arla Foods’ products in the Egyptian market, mainly 'Lurpak' butter and 'Dano' milk, El-Malawani added.

The second phase includes the production of 'Puck' feta cheese in Juhayna’s factory at the 6th of October city to compete with Egypt’s major dairy firms, he highlighted.

Arla Foods owns a 49% stake in ArJu Food Industries, while Juhayna owns 51% of the joint venture, and both firms aim at achieving up to EUR 100 million revenues by 2020.