Basic industries

The food company posted a 126% rise in first quarter net profit to NIS 181.

Turpaz has bought New Jersey-based Phoenix Flavors and Fragrances for $95 million.

The Israeli food company is diversifying its coffee activities in Brazil to dry food through its 50% owned joint venture 3corações.

The natural food and beverages flavors company is controlled by the family of former Shin Bet chief Ronen Bar.

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.