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Companies / Israel

G. Willi Makes Danish Dairy Acquisition

February 2008 | Company News Alert

Gold Frost, a subsidiary of G. Willi-Food International Ltd, Israel's largest food importer and supplier of kosher foods, is set to acquire a 51% stake in an unnamed Danish dairy distributor for an undisclosed sum. According to the terms of the agreement, the original owners will retain the remaining 49%, with the deal expected to close by the end of February. Meanwhile, G. Willi's negotiations to acquire a majority stake in kosher and halal meat processor Baladi have fallen through, with the two firms unable to reach an agreement. As demand for kosher food grows, both within Israel and

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