Nestlé increases stake in Israeli food company Osem
Swiss food company Nestlé has increased its stake in Israeli food company Osem Investments by 4.99%, taking its total holding in the company to 58.76%.
Nestlé purchased the additional stake from Osem's former CEO Gad Propper for ILS371.7m ($98.5m). It bought the shares for ILS67.19 ($17.98) each, 18% higher than Tuesday's closing price.
Nestlé had acquired controlling interest in Osem in 1995. Osem is one of the leading food manufacturers and distributors in Israel. It produces packaged cakes, salads and other food products for the Israeli and global markets.
Propper is the son of Eugene Propper, who established Osem in 1942, and headed the company for several years.
Latest News
Related News
Related Sectors
Processed Foods> Bakery & Cereals
Chilled & Deli Food
Related Dates
2012> February
Related Industries
Consumer Packaged Goods> Food> Bakery and Cereals
Processed Foods> Bakery & Cereals
Chilled & Deli Food
Related Dates
2012> February
Related Industries
Consumer Packaged Goods> Food> Bakery and Cereals
Related Insight
Suppliers Directory
Sveba-Dahlen AB - Bakery Equipment and Ovens for Professional Baking
Sveba-Dahlen develops, markets and manufactures rack, deck, pizza and tunnel ovens, proving chambers and fermentation lines for both small and large bakeries, supermarkets, industrial bakeries and pizzerias, restaurants and large kitchens.
Processed Foods > Bakery & Cereals > Suppliers
Process Components - Iris Diaphragm Valves, Spare Parts and Services for the Food Industry
Process Components (PCL) offers a broad portfolio of products and services ranging from the original and world-renowned Mucon Iris Diaphragm Valve (IDV) through to spares and consumables for all manner of food, pharmaceutical and chemical processing equipment.
Processed Foods > Bakery & Cereals > Suppliers
Revent - Rack Ovens
Revent invented and delivered the world's very first rack oven in 1958 and since then has been committed to providing products of the highest quality and reliability. We offer top-of-the-line ovens and products that customers can depend on, day after day, year after year.
Processed Foods > Bakery & Cereals > Suppliers
Solarsoft - Recipe-Based Production, Materials Traceability and Regulatory Compliance for Process Manufacturing
Solarsoft provides modern business software solutions and IT services to small and medium-sized enterprises in North America, Europe and Asia. More than 2,000 companies rely on Solarsoft to bring clarity and efficiency to their daily operations. Solarsoft ERP solutions are designed specifically for manufacturers in plastics and rubber, food and beverage, stamping and forge, automotive supply chains, general manufacturing, and packaging.
Processed Foods > Bakery & Cereals > Suppliers
Agri & Animal Products
Dairy Products
Fruits & Vegetables
Meat & Seafood
Processed Foods Bakery & Cereals Confectionary Pasta & Noodles Savory Snacks Sweets & Desserts
Condiments & Ingredients Ingredients Oil & Fats Sauces & Spreads Soups
Chilled & Deli Food
Special Foods Baby Food Health Foods
Food Technology Process & Production IT & Software Packaging Sustainability
Marketing & Regulatory Regulatory & Food Safety Supply Chain Retail
Processed Foods Bakery & Cereals Confectionary Pasta & Noodles Savory Snacks Sweets & Desserts
Condiments & Ingredients Ingredients Oil & Fats Sauces & Spreads Soups
Chilled & Deli Food
Special Foods Baby Food Health Foods
Food Technology Process & Production IT & Software Packaging Sustainability
Marketing & Regulatory Regulatory & Food Safety Supply Chain Retail
Bakery & Cereals Intelligence
Highly Flexible
Published by Capway Systems
Processed Foods > Bakery & Cereals > White Papers
Why Food & Beverage Manufacturers Should Avoid Generic ERP Systems
Published by Solarsoft
Processed Foods > Bakery & Cereals > White Papers
How to Make a Delicious Chocolate Milk
Published by Palsgaard
Processed Foods > Bakery & Cereals > White Papers
Competition for the Suction Depanner
Published by Capway Systems
Processed Foods > Bakery & Cereals > White Papers
Buy the latest industry research online today!
Global Beverages Report
Until recently, the beverages market was divided simply between alcoholic and non-alcoholic beverages. As consumers’ tastes grew more sophisticated and demand surged for a variety of beverage options catering to lifestyle changes and health concerns, the beverages industry has responded with a dizzying array of options to choose from. This report focuses on the U.S. and world markets for beverages across several broad categories. For the purposes of this study, TriMark Publications has divided the global beverages markets into the following product segments include: 1) alcoholic beverages such as wines, beers and spirits; 2) non-alcoholic beverages such as bottled water and milk; 3) brewed beverages such as coffees and teas; 4) carbonated beverages such as sodas and soft drinks; 5) non-carbonated juice products both fresh and pre-packaged; and 6) energy drinks which are generally caffeinated beverages in both carbonated and non-carbonated forms. For each market segment, this study presents the latest information on size, growth rates, sales projections and factors influencing growth in the U.S. and internationally. Buy online from $449
Until recently, the beverages market was divided simply between alcoholic and non-alcoholic beverages. As consumers’ tastes grew more sophisticated and demand surged for a variety of beverage options catering to lifestyle changes and health concerns, the beverages industry has responded with a dizzying array of options to choose from. This report focuses on the U.S. and world markets for beverages across several broad categories. For the purposes of this study, TriMark Publications has divided the global beverages markets into the following product segments include: 1) alcoholic beverages such as wines, beers and spirits; 2) non-alcoholic beverages such as bottled water and milk; 3) brewed beverages such as coffees and teas; 4) carbonated beverages such as sodas and soft drinks; 5) non-carbonated juice products both fresh and pre-packaged; and 6) energy drinks which are generally caffeinated beverages in both carbonated and non-carbonated forms. For each market segment, this study presents the latest information on size, growth rates, sales projections and factors influencing growth in the U.S. and internationally. Buy online from $449

Comments may be moderated for spam, obscenities or defamation.