In 1887 Jozef Anton Meggle, the grandfather of today's owner Toni Meggle, founded MEGGLE, a small cheese factory near Wasserburg (next to Munich in Bavaria). In addition to other products, the factory also dealt with the production of dry matter for the pharmaceutical and food industries. Today, MEGGLE has had a long tradition and is known as one of the most renowned dairy producers in Europe. It processes 750 million litres of milk annually. It employs over 2,600 people around the world, and its wide range of products is distributed across 47 countries.

Mladost dairy factory was founded in 1954. It was initially owned by the state and privatised in 2004 by Silbo, which signed a contract with the German dairy factory MEGGLE on 17 December 2010.

In 2011, in Kragujevac, an official contract for the takeover of the dairy factory Mladost by MEGGLE was signed.

On 13 July 2011, the dairy factory changed its name to MEGGLE Srbija d.o.o.

MEGGLE Srbija d.o.o. currently has 104 employees, of which 33% are women. It produces 100 tons of milk per day and has over 2,500 suppliers of raw materials.