Coca-Cola Israel is negotiating “at an advanced stage” to gain control of Zuriel Dairy Company. The purchase will be done through Tara Dairies, owned by Coca-Cola Israel, “with the idea to expand the range of dairy varieties it sells on the local market,” as reported by Ynet.
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Zuriel Dairies specialises in soy products, goat and salty cheeses. Its annual sales turnover amounts to NIS 40m (US$8.7m). Coca-Cola Israel is trying to add an international dairy concern to Tara.
