:. Food Industry News

Categories: Mergers and Acquisitions

Israel's Osem to Buy Bonjour Chain for 117 Mln Shekels

Source: Reuters
02/08/2006

Tel Aviv, Aug 2 - Israeli foodmaker Osem Investments said on Wednesday it reached an agreement to acquire ownership of Bonjour, a maker of frozen bakery products, for 117 million Israeli shekels ($26.58 million).

Daily News Alerts

Osem will buy Bonjour from the Fishman Group, owned by Israeli businessman Eliezer Fishman.

The deal is subject to shareholders' approval and the anti-trust authority, Osem said in a statement to the Tel Aviv Stock Exchange.

Bonjour is one of the main producers of frozen bakery products in Israel.

Osem is 53.8 percent held by Swiss food giant Nestle.

($1=4.402 Israeli shekel)




GO   View more articles on this subject


More Alerts from 02/08/2006


Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
Israel Minister Keeps Bread Price Controls
Tasty Baking Company Reports Q3 Income Loss
Tasty Baking Company Launches Initial Baking Operations...
Canada Bread Reports Third Quarter 2009 Financial Results:...
France: Bakery Firm Jacquet Acquires Pancake Producer...
UK Bakery Products Firm Greggs Pleased with Sales Performance
Migros-Owned Swiss Baker Jowa to Buy 75% Stake in French...
Recession No Match for Artisan Bakery: Sadie Rose Baking...
Lance, Inc. Announces Completion of Acquisition of...
Europastry Will Invest 45 Milion Euro to Increase...

More in Food Industry News
Procter & Gamble Repurchasing Shares, Quiet on...
US Shoppers Going Green Despite Struggling Economy
Wessanen Sells Liberty Richter to World Finer Foods
Cheesecake Factory Sticks to 2010 Forecast
Brenntag Changes 2.5 Bln Euro Loan to Allow IPO
European Commission Refers Greece to ECJ over Unjustified...
JM Smucker's Quarterly Net Income Increases 172%
Ferrero, Hershey Would Likely Break up Cadbury
Indonesia's Astra Agro Revises Up CPO Forecast
Cocoa Supplier Olam to Benefit from Consolidation Among...

Top Headlines
Procter & Gamble Repurchasing Shares, Quiet on...
US Shoppers Going Green Despite Struggling Economy
Wessanen Sells Liberty Richter to World Finer Foods
Cheesecake Factory Sticks to 2010 Forecast
European Commission Refers Greece to ECJ over Unjustified...
JM Smucker's Quarterly Net Income Increases 172%
Cocoa Supplier Olam to Benefit from Consolidation Among...
Avebe and National Starch Food Innovation to Expand...
Auchan Backs Hypermarkets as Rivals Rethink
Ferrero Could Eye Cadbury Gum, Candy Unit
Dole Food Posts Wider Q3 Loss
Fonterra Sells Stake in UK Joint Venture to Arla
Imperial Sugar Company Closes Three-Way Joint Venture...
PepsiCo to Invest $100 Million in Egypt in 2010
Ex-Parmalat Auditors Settle US Investor Lawsuit
Tesco in Broadband Push as Reaches Beyond Groceries
India Sugar Protest Forces Parliament to Shut
Kerry Group Keeps Full Year Earnings Growth Forecast
Nestle Professional to Acquire Vitality Foodservice
Pinnacle Foods Acquires Birds Eye Foods for USD 1.3...
DSM Makes Great Strides in Production Processes for...
Russian Grocer X5 Plans Higher 2010 Capex
Brazil: Laep in Talks to Sell Dairy Plant to Nestle
SunOpta Announces Opening of Natural and Organic Sesame...
Products Comprising, and Uses of, Decarboxylated Phenolic...
Process for the Preparation of Packaged Heat-Preserved...


 


FLEXNEWS 2009 - All rights reserved
ISSN 1950-6228