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Home > Company Index > Food, Beverage & Tobacco > Sugar & Confectionery > Elite Industries Ltd.

Elite Industries Ltd.
 PROFILE
Elite Industries doesn't mind if everyone buys its products. Elite is comprised of a group of Israeli and European food companies that make and sell a variety of retail food products, including baked goods, chocolate, coffee, confectioneries, and salty snacks (through a 50% joint venture with PepsiCo). The company also operates a chain of 30 Elite stores in Israel. Elite's coffee and chocolate business is so dominant in Israel, it is turning to international markets for growth. It has acquired coffee businesses in Turkey and Brazil, and has become a leading coffee producer in Poland and Romania. Elite is part of the privately held Strauss Elite Group, along with Strauss Dairies Ltd.

 COMPETITION
Kraft Foods International, Inc. (dossier)
Nestlé S.A. (NSRGY)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 518.10
1-Yr. Sales Growth: 3.3%
Employees: 4,200
Revenue per employee: $123,357.14

 KEY PEOPLE
• Michael Avner
    CEO

 CONTACT INFO
84 Arlozorov St.
Ramat Gan 52505, Israel
Phone: 972-3-6752111
Fax: 972-3-6752366
Online: Web Site

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