Tel Aviv, March 27 - Israeli food and beverage maker Strauss Group said on Thursday it is considering various alternatives to fund its global coffee expansion strategy, including possibly bringing in a minority investor.
"At this time there is no certainty as to such a transaction, its conditions or timing, and the board of directors has not taken any decision with respect to such a transaction," the company said in a statement.
"The company will make a further announcement in due course, if appropriate, and as required by law."
Strauss is a market leader in roast and ground coffee in central and eastern Europe and is the second-largest coffee company in Brazil.
Its international coffee sales grew by 25 percent in the first nine months of 2007 to 1.69 billion shekels ($483.5 million).