Strauss Group (TASE: STRS) is a publicly listed company headquartered in Petah Tikva, Israel that owns 7 consumer brands across 2 categories, and has 1 recorded transaction.[1]
Strauss Group is the largest food company in Israel and describes itself as running three businesses: Strauss Coffee, Strauss Israel and Strauss Water, with about 15,000 employees across some twenty countries and 27 production sites. It began as a dairy in Nahariya in 1936 and now spans chocolate, coffee, dairy and filtered water appliances. Much of its portfolio outside Israel is coffee, and much of it inside Israel is held with partners: it makes and sells several PepsiCo and Danone brands there under long-standing arrangements, and until December 2024 owned half of the American hummus company Sabra.
brands owned
2
categories
0
acquisitions recorded
1
divestitures recorded
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
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PepsiCo bought the Strauss Group out of Sabra for $241 million in cash, ending the joint venture through which the two had run the largest hummus brand in the United States, and making it a wholly owned subsidiary. Consolidating it produced a $122 million pre-tax gain, the accounting effect of remeasuring the half PepsiCo already held at fair value.
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Strauss Group owns 7 consumer brands tracked here, including Elite, Mekupelet, Achla, Pesek Zman, Milky and Tami4.
Yes. Strauss Group is headquartered in Petah Tikva, Israel and was founded in 1936.
Strauss Group is a publicly listed company owned by its shareholders; it trades as STRS on the TASE.
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
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