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Israeli company bids for Agriprocessors
Jerusalem Post ^ | 1-28-09 | JTA

Posted on 01/28/2009 8:39:41 AM PST by Nachum

An Israeli company has made an offer to buy the kosher meat producer Agriprocessors.

The company, Soglowek Nahariya, made the offer in a filing Sunday with an Iowa bankruptcy court, the Des Moines Register reported.

Agriprocessors, once the country's largest producer of kosher meat, filed for Chapter 11 bankruptcy protection in November. The company had been on a steady downward spiral since May, when federal agents descended on the company's Postville slaughterhouse and arrested more than one-third of its workforce in what was at the time the largest single-site immigration raid in American history.

Joseph Sarachek, a bankruptcy trustee who is temporarily running Agriprocessors, was encouraged by the offer from Soglowek Nahariya, a leading producer of meat, poultry and vegetarian products with five plants in Israel and three logistics centers, according to its Web site. Sarachek cautioned that it would be a few months before any sale is complete.


TOPICS: Business/Economy; Foreign Affairs; Israel; News/Current Events
KEYWORDS: agriprocessors; bids; company; israeli

1 posted on 01/28/2009 8:39:41 AM PST by Nachum
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To: Nachum

Very interesting! I hope it goes thru. Its also sad that Sara Lee has closed their Kosher meat business that produced Best Kosher products, Wilno and Sinai Kosher,Shofar. So now you can’t get these great products nationwide. Perhaps somebody will re-open them in the future.

There is still Kosher style Vienna Beef which makes a great product. Maybe Costo and Sam’s clubs will carry their productions in place of Best.


2 posted on 01/28/2009 9:20:20 AM PST by ncfool (ObaBama stands for The New United Socialist State or "TNUSSA")
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