Add-on Acquisition • Food

Salt Of The Earth Acquires Sugat

On November 6, 2019, Salt Of The Earth acquired food company Sugat

Acquisition Context

This is Salt Of The Earth’s 1st transaction in the Food sector.
This is Salt Of The Earth’s 1st transaction in Israel.

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M&A Deal Summary
Date	November 6, 2019
Target	Sugat
Sector	Food
Buyer(s)	Salt Of The Earth
Deal Type	Add-on Acquisition

Target Company

Sugat

Israel

Sugat supplies sugar to top grocery store retailers and food manufactures in Israel. Sugat products include rice, legumes, flour, cereals, grains, and other dry foods.

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Buyer Overview 1

Buyer

Salt Of The Earth

Atlit, Israel

Category	Company
Founded	1922
Sector	Consumer Products

DESCRIPTION

Salt Of The Earth produces 200,000 tons of salt a year and supplies 80% of consumption in Israel. Salt Of The Earth products is aimed at the retail, industrial, and agricultural markets. Salt Of The Earth was founded in 1922 and is based in Atlit, Israel.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Food	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Israel	1 of 1
Year: 2019	1 of 1

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Food M&A - Add-on Acquisition M&A Deals - Israel M&A - 2019 M&A