Basic industries

Ofer owns 32% of the club, control of which is being sold to US asset management firm Apollo at a valuation of €2.2 billion.

The company founded by Remo Ben Shushan in the 180s is now one of the biggest growers and distributors of fresh produce in Israel.

Mey Eden has 40% of the Israeli mineral water market. The deal values its business at NIS 400 million.

Private equity firm Fortissimo is seen as a leading candidate to buy the Israeli precision irrigation pioneer, which is facing fierce competition in a stagnant market.

Kerur Holdings, which has a 38% stake in Tapugan, will post a pre-tax gain on the sale of NIS 192 million.

The company will use most of the proceeds of the offering to finance a move to the Timorim industrial zone, which will double its production capacity.

The proceeds of the offering will finance the company's move to a new site at Timorim that will double its production capacity.

The pool cleaning robot company from Kibbutz Yizre'el has reported a another weak quarter, with net profit down 72%.

The Israeli company, a developer of chickpea protein for the food industry, has debts totaling NIS 6 million, mainly to Silicon Valley Bank.

The flavor and fragrance maker is expanding rapidly, mainly through acquisitions. CEO Keren Cohen Khazon: We want to become one of the industry’s top 10 companies.

The rises comes just six months after the company's last price hike. Strauss Group: Raw material prices have risen by up to 49%.

The food company's first quarter operating profit rose 170% to NIS 181 million.

Shai Babad told the Globes Business in the South Conference that his biggest concern is not Hamas, Hezbollah and Iran but the divisions in Israeli society.

Diamond Exchange president Nissim Zuaretz tells "Globes" about his revolutionary efforts to rejuvenate what was once Israel's main export industry, before going into decline.

Within hours of each other, Unilever, Strauss and the Central Bottling Company notified retailers of imminent price rises.

Nostalgic Coca Cola aficionados claim that the kosher for Passover version, made from sugar cane instead of high fructose corn syrup, is the genuine taste of the soft drink.