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Monday 23 December 2024
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TPG Capital

Strauss Group regaining full ownership (100 percent) of Strauss Coffee

PETACH TIKVA, Israel – Strauss Group Ltd. announced today (March 28, 2017) that its subsidiary (74.9%) Strauss Coffee B.V. has acquired the entire holding (25.1%) of Robusta Coöperatif, held by TPG Capital, in Strauss Coffee, resulting in Strauss Group regaining full ownership (100%) of Strauss Coffee.

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A long-awaited initial public offering (IPO) on a U.S. stock exchange of Strauss Coffee, a multinational joint venture controlled by Israel’s Strauss Group and...

GLOBAL – Strauss Group plan IPO for its coffee division

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