Israeli food company Strauss Group has earmarked around US$300m for possible acquisitions, according to reports.

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The company is looking at acquisitions in Romania and other countries Strauss currently operates in, the Ziarul Financiar reported yesterday (17 March).


Director general Matanya Schwartz said the company is looking at acquiring companies that are “cheaper than they were before the crisis started”, referring the economic downturn.


Strauss said the Romanian market “is on the list” and that if Kraft sells its coffee unit in Romania, it will buy.


Strauss Group operates in 19 countries, including Bulgaria, Moldova, Albania, Croatia, Macedonia, Kosovo, Serbia, Bosnia and Herzegovina, Ukraine, Poland and Russia.

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