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Elite to buy Yad Mordechai Honey
Food, coffee and chocolate giant Elite Industries (Hebrew site) (TASE:ELEI) is taking over honey producer Yad Mordechai Honey (Hebrew site).
Elite said today that it has signed a memorandum of understanding with Kibbutz Yad Mordechai to acquire a 51% interest for NIS 9.7 million. The deal prices the honeymaker at NIS 19 million.
Yad Mordechai Honey makes honey spreads, health products and honey-based gift packages. ...
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