Tag Archive for Tnuva

Palestinians to Begin Boycotting 6 Major Israeli Concerns

A Palestinian national committee proclaimed Monday that effective Wednesday, Abbas’ PA will officially begin boycotting products from 6 major Israeli companies.

By Cynthia Blank


A national Palestinian committee announced Monday its intention to prohibit the sale of products by six major Israel companies in areas of Judea and Samaria controlled by the Palestinian Authority.

Anti-Israel boycott campaigners – Reuters

The ban is slated to begin Wednesday, while Palestinian merchants will be given two weeks time to clear their stock of the Israeli products, committee head Mahmoud al-Aloul said., according to Ma’an.

However, committee members, during a press conference in Ramallah to announce the ban, urged retailers to implement the new policy as soon as possible. Continue Reading »

Beijing buys Tnuva for NIS 8.6 billion ($2.45 billion)

The Chinese gov’t-owned Bright Food Group said all development, production & management will remain in Israel.



The Chinese government’s Bright Food Group signed an agreement this morning to buy control of Tnuva Food Industries Ltd. from Apax Partners. The sale is being made at a company value of NIS 8.6 billion which will bring a profit of NIS 4 billion to Apax, which has a 56 percent stake in the company, on which it will not be required to pay any tax.

Tnuva cottage cheese

Tnuva cottage cheese Photo: REUTERS

As it stands neither the kibbutz movement, which has a 23% stake, nor Mivtach-Shamir Food Industries Ltd., Continue Reading »