In 1960, Il. Oth. Foufas established a small olive oil packaging and standardization company in Doliana, Kynouria, on the sunny shores of the Argolic Gulf. In accordance with the long-standing Greek tradition, he establishes a high-quality unit, in order to cover the needs of the local market and the areas around the flatland of Thyreatikos. With hard work, the small unit quickly expands throughout the Peloponnese and to the rapidly growing market of Athens, which is located less than two hundred kilometres away.

In 2012, the third generation actively enters the business, and a new cycle of investments begins. The company greatly expands its clientele in foreign countries and at the same time, it strengthens its collaborations in Greece, which are the solid foundations for its further development.