Elite purchases French co. (Elite Israel Chocolate and Sweets Manufacturing Company Ltd., Societe Alimentaire du Forez)

From: Israel Business Today | Date: June 26, 1992 | Copyright information

Confectionery and food manufacturer Elite Industries, in partnership with the Union Coffee Confectionery Group of Germany, has acquired the French chocolate manufacturer SAF - Societe Alimentaire du Forez. Elite is investing $7.65 million for a 51 percent shareholding and Union Coffee is investing $7.35 million for the remaining 49 percent. SAF is located in St. Etienne and ended 1991 with sales of $55 million.

In other news, the U.K. company E.D. & F. Man, for many years a major Elite shareholder, had decided to sell off its shareholdings. The company has notified the Tel ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

HK Stock Exchange To Play Active Role in China's Development
; ...of July, the stock exchange was rated the...was almost 60 percent over the previous...Alec Tsui of the stock exchange revealed that the stock exchange had an average...this year, 238 percent higher over the...year. And the stock exchange is making ...
The London Stock Exchange: A History
; The London Stock Exchange: A History. By Ranald...Christopher Armstrong The London Stock Exchange will be 200 years old...merger with the Frankfurt Stock Exchange has apparently foundered...century accounted for 70 percent of the nominal value of...possibility of the London ...
Stock Exchange of Thailand Index Up 5.58 Percent as Oil Anxiety Eases.
; May 20--The Stock Exchange of Thailand roared back...yesterday, gaining 5.58 percent for the day on the back...active stock, gaining 2.45 percent to close at 83 baht, while Shin Corp rose 8.06 percent to 33.25 baht and Shin Satellite gained 11.59 percent to 23.10 baht. ...
Bears hold sway in Karachi Stock Exchange too.
; ...Street, Karachi Stock Exchange too mourned Black...Pakistan, Lahore Stock Exchange, and Islamabad Stock Exchange fell in tandem...chairman, Karachi Stock Exchange and promoter of...has been up by 20 percent. The top gainers...all, the Karachi Stock ...
Philadelphia Stock Exchange Chmn & CEO - Interview
; ...PHILADELPHIA STOCK EXCHANGE: It`s very nice...trade about one percent of the New York Stock Exchange listed stocks...market share 13 percent of the overall...about 15 to 17 percent, the ISE. And...the New York Stock Exchange. For long time...the New York ...
French Stock Exchange Market Soars by 4.11 Percent
; The Paris Bourse stock exchange market's CAC 40 index soared by 4.11 percent today, the highest in seven...closing, after rising by 0.88 percent at the opening of the day. The CAC 40 index rose by 4.12 percent on August 24, 1990. The announcement...
Chicago's National Stock Exchange sees a for-profit future.
; ...exchanges, the small Chicago-based National Stock Exchange will soon try to demutualize, or transform...business. Next month, the former Cincinnati Stock Exchange will request Securities and Exchange Commission...for-profit status recently include the New York Stock Exchange, the ...
BOSTON STOCK EXCHANGE HOLDS ONTO 9/11 GAINS
; ...exchange jumped 64 percent in 2002, to 48...declined and New York Stock Exchange activity rose at...both the New York Stock Exchange and several regional...volume rose 16 percent last year, to 1...But the Chicago Stock Exchange, twice as big as...decline of about 20 ...
Istanbul Stock Exchange Index Rises 3.81 Percent
; Turkey's Istanbul Stock Exchange National-100 Index closed...up 97.49 points, or 3.81 percent, from Thursday's finish. The...up 140.42 points, or 4.46 percent, to to close at 3,285.42 points...climbed 60.31 points, or 2.87 percent, to close at 2,161.40 points...
Kuala Lumpur Stock Exchange to Grow 15 Percent
; ...MIA) has forecast a 15 percent growth on the Kuala Lumpur Stock Exchange (KLSE) for the first half...counter could have an 0.94 percent or 10.19 points impact...1997, contributing 12.5 percent, 8.0 percent and 8.8 percent respectively...