Strauss Group Ltd - Company Profile
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Business Description
Strauss Group Ltd (Strauss Group) develops, manufactures, markets, and sells food products and beverages. The company classifies its product offerings into six categories: dairy products, salads, other health and wellness products, confectionery and bakery products, coffee, and water purification devices and related services. In FY2022, coffee accounted for 35.1% of the company’s total revenue, followed by dairy products for 31.6%, confectionery and bakery products for 6.4%, water purification devices, and related services for 12.8%, Other health and wellness products for 7.1%, and salads for 6.8%.
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R&D Overview
The R&D arm of Strauss Group focuses on introducing new products and improving existing products. Strauss carries out research activities in association with PepsiCo and manages its R&D operations in Sabra. It supports business activities in the US, Australia, Canada, Western Europe, New Zealand, and Mexico. Sabra is also involved in R&D activities with other parties. Strauss Coffee operates a global R&D and innovation center in Israel, which focuses on spheres such as flavor, freshness, aroma, quality, and improving production yield. The company collaborates with various outside parties and technological companies to carry out the R&D activities.
Business Segments
Overview
Develops, manufactures, markets, sells, and distributes a range of branded coffee products. Operates through two sub-segments: Israel Coffee and International Coffee. Under Israel Coffee segment develops, manufactures, markets, sells, and distributes a range of coffee products, coffee beans, bean-to-cup coffee machines, chocolate powders, and other drink powders in Israel under Beanz and Elite Coffee brands. Through International Coffee segment develops, manufactures, and markets a wide range of coffee products and drink powders in Brazil, Russia, and Eastern European countries. Markets products under Ambassador, Amigo, Beanz, C Kafa, Chernaya Karta, Doncafe, Elite Coffee, Fort, MK Café, Pedro’s brands.
Performance
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Overview
Manufactures, markets and sales refrigerated dips and spreads outside Israel.
Performance
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Overview
Develops, manufactures, markets sells, and distributes a broad range of branded beverage and food products. Operates through two sub-segments: Health and Wellness and Fun and Indulgence Under Health and Wellness segment manufactures and markets yogurts, dairy-free tahini desserts, soft cheeses, dairy desserts, flavored milk beverages, chilled salads, cut vegetables, cereal and granola bars, fresh pasta products, honey products, olive oil, and fruit preserves. Fun and Indulgence segment manufactures and markets, sweet snack bars, biscuits, chocolate tablets, candies, sweet spreads, cakes and cookies, chewing gum, wafers, and salty snacks.
Performance
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Overview
Develops, assembles, and markets point-of-use (POU) water filtration, purification and carbonation systems.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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