Soglowek will invest NIS 30 million in the Ta’am Artzeinu pizza factory in Kibbutz Beror Hayil, in which it has acquired an 85% stake. The investment is for acquiring new production lines, diversifying the factory’s business, and for a variety of new Soglowek products.
The investment follows the transfer of production from Soglowek’s old bakery in Nahariya to the Beror Hayil plant in the south. Soglowek has made its baked products and pizza unit a separate business unit within the Soglowek group.
Published by Globes [online] -www.globes.co.il - on March 28, 2004