FDBusiness.com

Strauss Group Continues to Expand in the CIS Region

 Breaking News
  • Ready Meals – Not Ready For the Future New research (1) published by Eating Better, a powerful alliance of more than 50 organisations, shows that supermarkets need to shake up their ready meal ranges. They are not catering for the growing number of flexitarian customers who are cutting back on their meat eating for their health and the health of the planet (2). [...]...
  • Top 100 Largest Spirits Brands Revealed The world’s most popular alcoholic drink in 2017 was the South Korean soju brand Jinro, owned by Hite-Jinro, according to the IWSR Real 100, the definitive ranking of the world’s largest spirits brands by volume. Selling almost 76m nine-litre cases, Jinro retains its number one position from last year, and once again by a staggering [...]...
  • Ireland’s Most Sustainable Paper-free Cup Launched Ireland’s only completely paper-free compostable cup has been launched by Zeus, the Irish global packaging solutions company. Unlike other compostable cups, the Treefree Cup contains absolutely no paper product, making it the most sustainable single-use cup available in the Irish market. Additionally, to tackle the composting waste problem in Ireland, the cups and lids will be [...]...
  • GEA Supplies Largest Buttermaking Machine in India GEA recently sold its first buttermaking machine type BUE to an Indian dairy producer. Creamy Foods Limited, located in the state Uttar-Pradesh, placed an order for a GEA BUE 6000, which has a capacity of up to 6000kg/h butter, making it the largest buttermaking machine in India. The new machine will be brought into operation in [...]...
  • Clearance For Arla Foods UK and Yeo Valley Deal The British Competition and Markets Authority (CMA) has cleared Arla Foods UK’s proposed acquisition of Yeo Valley Dairies, a subsidiary of the Yeo Valley Group. The transaction will give the farmer-owned dairy co-operative the rights to use the Yeo Valley brand in milk, butter, spreads and cheese under an intellectual property licence with Yeo Valley. The [...]...

Strauss Group Continues to Expand in the CIS Region

Strauss Group Continues to Expand in the CIS Region
January 29
14:29 2013

Strauss Coffee, part of Israel-based Strauss Group, has acquired a further 49% holding in Le Café and Instanta for $13.4 million, to complete the acquisition of 100% of the shares of these companies, which are active in Russia. The transaction will be financed by Strauss Coffee’s own resources and is subject to approval by the Russian antitrust authority.

Gadi Lesin (pictured), President & CEO of the Strauss Group, says: “Strauss Coffee continues to enhance its operational footprint in the CIS region. Completion of the acquisition of the shares of Le Café and Instanta in Russia is another step in our continuing growth in the region, which is considered the second largest instant coffee market in the world. The roasted and ground coffee plant, which we completed last December, along with the instant coffee packaging facility, are becoming Strauss Russia’s major infrastructure for production, packaging and logistics in addition to the freeze-dried coffee plant that serves us from Germany. All these facilities form an important foundation in the realization of Strauss Coffee’s strategy as it continues to invest and develop capabilities in Russia and the CIS countries.”

The transaction enables Strauss CIS to further develop its manufacturing and supply chain regional foot print, along with enhancing its cost structure and operational effectiveness.

Strauss Coffee is one of the five companies operating in the Strauss Group today. Strauss Coffee is active in CEE, Brazil and Israel and is considered the world’s fifth largest coffee company in terms of green coffee purchases and one of the fastest growing coffee companies in the past five years. 

The Strauss Group is Israel’s second largest food and beverage company.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 5, 2018Int'l Food Products and Processing Technologies Exhibition (WorldFood Istanbul)
  • September 15, 2018iba
  • September 25, 2018PPMA Show 2018
  • September 27, 2018Int'l Fruit Show (eurofruit)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements