News

ISRAEL: Cokes buys control of Tavor winery

Most popular

How will Diageo change Cuban rum?

Hard coffee founder details Diageo lessons

Why rye whisky is set to go global - Comment

Interview - Treasury CEO Mike Clarke - Part II

Interview - Treasury CEO Mike Clarke - Part I

MORE

Coca-Cola Israel has bought a controlling interest in boutique winery Tavor. The soft drink company, through its subsidiary IBBLS, has acquired a 51% stake in the wine maker and marketer.

The purchase follows earlier attempts by Coca-Cola Israel to invest in other Israeli wine companies. In recent times, the company has been in negotiations with Carmel Mizrahi and Barkan, seeing the latter winery go to its main Israeli competitor Tempo, local reports claimed.

Neither company released financial details of the purchase.


Sectors: Soft drinks, Water, Wine

Related Content

The Coca-Cola Co's US$5.1bn acquisition of Costa - Analysis

The Coca-Cola Co's US$5.1bn acquisition of Costa - Analysis...

How The Coca-Cola Co can make a success of Coke Life II - Comment

How The Coca-Cola Co can make a success of Coke Life II - Comment...

FREE TO READ - The news stories that shaped the year - just-drinks' review of 2017

FREE TO READ - The news stories that shaped the year - just-drinks' review of 2017...

FREE TO READ - The news stories that shaped the year - just-drinks' review of 2018

FREE TO READ - The news stories that shaped the year - just-drinks' review of 2018...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?