TEL AVIV, Israel, March 23, 2013 /PRNewswire/ --
In clarification of the press releaseissued by Strauss Group, we would like toemphasize and clarify that no strategic decision was made to scale down the green coffee export operation in Brazil.
The reduction ingreen coffeeexport activity in 2012 was due to the price decrease of green coffee, the price volatility, as well as the transportation conditions which existed in 2012.
Green coffee export from Brazil has been and will be an important part of the Company coffee business and profit; in addition to the profit generated by the operation itself, the green coffee export operation generates various synergies withthe other coffee operations of the Brazilian subsidiary.
For further information:
Talia Sessler
Director of Investor Relations
Strauss Group Ltd.
+972-54-5772195
+972-3-6752545
talia.sessler@strauss-group.com
Osnat Golan
VP Communications & Digital, Spokesperson
Strauss Group Ltd.
+972-52-8288111
+972-3-6752281
Or
Gil Messing
External Communications Director
Strauss Group Ltd.
+972-54-2525272
