G. Willi-Food International has revealed it is in “advanced negotiations” to buy a majority stake in Israel-based kosher and halal firm Baladi.
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Will-Food, Israel’s largest food importer, plans to buy a 51% stake in Baladi amid rising demand for kosher and halal products.
CEO Zwi Williger said: “The demand for kosher and Halal meat products in the region is steadily rising, in addition Willi-Food intends to ultimately layer Baladi’s product line into our global distribution platform.”
