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M&A Deal Summary

Salt Of The Earth Acquires Sugat

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

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

M&A Deal Summary
Date 2019-11-06
Target Sugat
Sector Food
Buyer(s) Salt Of The Earth
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Israel M&A 1 of 1
Year: 2019 M&A 1 of 1
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