Strauss Group (STRS)

Strauss Group Ltd., together with its subsidiaries, develops, manufactures, markets, sells, and distributes various food and beverage products in Israel, North America, Brazil, and internationally. The company operates through six segments: Health & Wellness; Fun & Indulgence; Israel Coffee; International Coffee; International Dips & Spreads; and Strauss Water. It offers yogurts, dairy desserts, soft cheeses, flavored milk beverages, chilled salads, cut vegetables, fresh pasta products, cereal and granola bars, honey products, olive oil, fruit preserves, and ready meals, as well as plant-based dairy alternatives drinks, desserts, and cream. The company also provides sauces, dressings, spreads, natural juices, dry yeast, margarine, goat’s milk yogurt, sheep milk, tofu, butter spreads, cream cheeses, sweet snack bars, chocolate tablets, candies, chewing gum, wafers, and salty snacks. In addition, it offers assorted coffee products, tabletop sweeteners, chocolate powders, drink powders, pastries, soft drinks, corn, juice powders, dips, and roasted coffee beans. Further, the company also provides water purification, filtration, and carbonation systems, as well as coffee machines. It sells its products under various brands. The company was formerly known as Strauss-Elite Ltd. and changed its name to Strauss Group Ltd. in February 2007. Strauss Group Ltd. was incorporated in 1933 and is headquartered in Petah Tikva, Israel. Strauss Group Ltd., is a subsidiary of Strauss Holdings Ltd.