Tag archive for ‘Tnuva’
Ilan Shavit On Sunday, April 5th, 2015

Israel’s Largest Food Wholesaler Settles $1 Million Animal Abuse Claim

Israel’s largest food distributor Tnuva Food Industries Ltd., which was recently bought by Chinese food giant Bright Food, will turn over $1 million in a combination of direct payment to animal welfare More...

Jewish Business News On Tuesday, March 10th, 2015

Israel’s Largest Food Wholesaler Finally Going Chinese for $2.14 Billion

The sale of controlling interest in Israel’s largest food concern Tnuva by Apax Partners (56.7%) and insurer Shamir (about 21%) to the Chinese food giant Bright Food at close to $2.14 billion will finally More...

Shalom Bear On Monday, March 2nd, 2015

PA Boycott of Israeli Products May Boost Rami Levy Supermarkets’ Sales to Arabs

Originally published by The Jewish Press Stores under Palestinian Authority control have officially begun boycotting Israeli products this week. Among the Israeli companies that PA supervised stores will boycott More...

Ron Stein On Thursday, January 8th, 2015

Chinese Bright Food to compensate Apax over delay in deal Of Israel’s Largest Food Wholesaler

The Chinese company will pay Tnuva’s controlling shareholders $29.4 million.     Apax Partners, managed in Israel by Zehavit Cohen, and Chinese food giant Bright Food has signed an agreement More...

Ron Stein On Monday, January 5th, 2015

Chinese Bright Food Pushing Off Purchase of 21% of Israel’s Largest Food Wholesaler

Mivtach Shamir Holdings Ltd. (TASE:MISH) today confirmed last week’s report in “Globes” of the delay in the sale agreement for Tnuva Food Industries Ltd., after Chinese company Bright Food More...

Ron Stein On Monday, December 8th, 2014

Chinese Fosun May Buy Meir Shamir’s Share in Tnuva, to Control Israel’s Food Supply

Top executives of China’s Fosun Capital, which manages $10 billion, will visit Israel in the coming days to consider the possible purchase of Meir Shamir’s 21% stake in Tnuva Food Industries More...

Ilanit Hayut On Friday, October 3rd, 2014

Chinese to Get Big Price Break from Apax on Israeli Tnuva

  One month after Chinese food corporation Bright Food demanded a reduction of hundreds of millions of shekels in the value of the deal for acquiring a controlling share in Israeli food company Tnuva Food More...

Ilanit Hayut On Wednesday, September 10th, 2014

Chinese Bright Food demands reduced price for Israeli Tnuva

– The parties are negotiating on the matter, but it is feared that the crisis could threaten the deal. – Three weeks before the final date for closing the deal for acquisition of a controlling More...

Gil Tanenbaum On Wednesday, May 28th, 2014

Israeli Paint Company Tambour Sold to Singapore Investors for $144 Million

– Yet another Israeli home grown company has been sold to Asian investors. – – The Singapore based holding company, Kusto Group, has acquired Israel’s Tambour Paints from its parent More...

Ilan Shavit On Tuesday, September 3rd, 2013

China’s Bright Foods In Talks To Possibly Acquire Israeli Tnuva, milk and dairy products

– – / By Ilan Shavit / China’s Bright Food Group said on Tuesday it was holding talks with Tnuva, the largest food manufacturer and distributor in Israel, about a possible acquisition. “This More...

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