The majority owners of G. Willi-Food Investments have closed the deal that has seen them sell 42% of the outstanding shares of the company to Arcadi Gaydamak, an international businessman, for NIS171.3m (US$40.5m).
Go deeper with GlobalData
G Willi-Food Investments is the principal shareholder of the Kosher food group G. Willi-Food International.
As announced in June, Zwi Williger is to sell around 30.5% of his outstanding shares in Willi-Food Investments, leaving him with 8% of the outstanding shares. Joseph Williger, meanwhile, will sell his entire stake.
Under the terms of the agreement for this transaction, Zwi Williger has agreed to continue as CEO of Investments and its subsidiaries, including G. Willi-Food International Ltd.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
