Strauss Group

Strauss Group has been present in Israel since the 1930s. The company has played a significant role in the growth of the Israeli food industry and is a market leader in the country. Strauss Group is an Israeli food and beverage conglomerate with operations in Europe, Asia, and North America. The company is well-known for its high-quality and unique items, which include coffee, chocolate, snacks, and dips.

The coffee line, which includes instant coffee, ground coffee, and coffee capsules, is one of the company's most popular items. Strauss Group is known for producing high-quality coffee and has received numerous honors for its blends and roasts.

One of Strauss Group's strengths is its emphasis on innovation. The corporation extensively spends on research & development in order to generate new items and improve old ones. Strauss Group offers a diverse portfolio of businesses, including Sabra, the biggest hummus brand in the United States, and Max Brenner, a global chocolate shop chain.

Strauss Group is also dedicated to sustainability and social responsibility. The company has undertaken a number of initiatives to reduce its environmental effect, including the use of sustainable products, the reduction of waste, and the implementation of energy-saving measures. Strauss Group also collaborates closely with its suppliers to ensure that they adhere to ethical and environmental standards.

Strauss Group is committed to producing value for its customers and stakeholders in addition to its focus on innovation and sustainability. The company provides a variety of products designed to fulfill the demands of various customers, ranging from nutritious snacks to indulgent indulgences. Strauss Group also invests in its employees and communities by funding a variety of social and educational programs.

Strauss Group is also well-known for its great financial results. The company has a proven track record of growth and profitability, and it has expanded its global footprint through strategic acquisitions and collaborations.

Strauss Group reported a 6.5% increase in revenue for the fiscal year 2022, which concluded on December 31, 2022. The company's revenue was $2.9 billion. Strauss Group reported revenue of around $1.8 billion for the fiscal year 2023. The revenue increase was ascribed to the company's varied portfolio, operational efficiency, and innovation, but profit declines were attributed to the confectionary division recall, the Sabra plant adjustment plan, and rising raw material and energy prices.

Founded: 1930

Headquarters: 49 Hasivim Kiryat Matalon St P.o.box 194, Petah Tikva, 4959504, Israel

Website: https://www.strauss-group.com/