Tiv Ta’am Acquires East West Stake at NIS139m Valuation
Categories: Corporate and M&A
Tiv Ta’am, a publicly traded Israeli food retail and distribution company listed on the Tel Aviv Stock Exchange, has completed the acquisition of a controlling interest in East West Company, a specialty importer of Asian food products.
The acquisition, structured in two tranches, begins with the purchase of 60% of East West’s shares, reflecting a total company valuation of approximately NIS 139 million.
This strategic move enables Tiv Ta’am to deepen its presence in the growing ethnic food sector and diversify its product offering across Israel.
ERM advised Tiv Ta’am on the deal, with a team led by partner Nimrod Rosenblum, together with associate Errel Peli, Tamar Dolev-Green, and intern Shira Roth.
