Osem Investments

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Osem Investments
legal form Ltd.
founding 1942
Seat Petach Tikwa , IsraelIsraelIsrael 
management Itzik Tzaig ( CEO )
Number of employees 4,766
sales 4.256 billion shekels (1,067 million euros )
Branch food
Website www.osem.co.il
As of December 31, 2014

Osem Investments Ltd. ( אסם) is one of the largest food manufacturers and marketers in Israel . The group of companies has been wholly owned by the Swiss Nestlé Group since 2016 . Sales in fiscal year 2014 amounted to 4.25 billion shekels , of which 3.58 billion were achieved in Israel.

production

The Osem Group's portfolio includes around 2000 different products, including baked goods, salads, snacks, sauces, dips, pasta and baby food.

The Osem group includes:

  • Beit Hashita: largest Israeli producer of pickled vegetables
  • Materna: largest Israeli baby food manufacturer
  • Sabra: salads
  • Tivall: world's largest developer, manufacturer and marketer of vegetarian ready meals; Production sites in Israel and the Czech Republic, among other things, makes patties for McDonald's vegan burgers
  • Bonjour: largest Israeli bakery manufacturer
  • Nestlé Ice Creams

history

Osem was founded in 1942 by seven pasta manufacturers as a sales company for their products. In 1946 the first production facility for noodles and ptitim went into operation in Bnei Brak . In 1964 there was a snack factory in Cholon , whose main product, a corn snack flavored with peanut butter under the Bamba brand, achieved a market share of 25% in Israel. In 1970 Osem started making baked goods. In 1976, the new main plant started production at the new administrative headquarters in Petach Tikwa, and the production of soup powder, which is now part of the range, was relocated there. In 1995 Nestlé acquired a 10% stake in the company. Osem was granted exclusive rights to distribute Nestlé products in Israel and manufactured some of them under license. In the following years Nestlé gradually increased its stake to 50.1%. In 2002 Osem set up a research and development center in Sderot . After a further increase in stake to almost 60% in 2012, Nestlé announced an agreement to acquire the remaining shares in early 2016. Until then, Osem was listed on the Tel Aviv Stock Exchange, where it was most recently represented in the TA-25 , TA-100 , TA-Maala and TA Composite indices .

Web links

Commons : Osem Investments  - collection of images, videos and audio files

Individual evidence

  1. ^ Organizational Structure
  2. ↑ a b Annual Report 2014 (PDF)
  3. ↑ Osem's 2014 profit up 5.3% . Globes English, March 29, 2015
  4. ↑ Nestlé buys out Israeli food manufacturer Osem for € 752m . foodnavigator.com, February 4, 2016
  5. ↑ Company: OSEM - Summary - Share: OSEM 00304014 TASE Site