Strauss Gearing Up For Expansion

Israel-based food and drink company Strauss Group has set aside around US$300mn as it inspects the market for potential acquisition targets. It is aiming to expand its presence across a number of international markets where it already operates, including Poland and Russia and a number of other countries across the Commonwealth of Independent States (CIS) and Central and Eastern Europe (CEE). BMI believes that Strauss' plans are sensible, particularly in view of the fact that we forecast that the competitive Israeli food industry to grow only moderately through our forecast period. To 2013, we forecast the country's food consumption to

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