date:Jul 05, 2013
uss said in a statement.
Strauss, a maker of snacks, fresh foods and coffee, is a market leader in roast and ground coffee in central and eastern Europe.
Its global coffee sales fell 5.6 percent in the first quarter to 989 million shekels ($272 million) though operating profit in the segment jumped by nearly 45 percent. Coffee sales were hurt by a decline in exports of green coffee from its Tres Coracoes joint venture in Brazil.