Agrexco would be sold for 8 million euros
Israel
Thursday 22 September 2011
MD
Agrexco would be sold for 8 million euros to Bickel Flowers.
The largest Israelian Company of export of agricultural products will be sold to Bickel Flowers.
The Israeli newspaper Globes reported that Bickel Flowers will buy Agrexco for the sum of NIS 40 million, or 8 million. The liquidator will recommend Bickel Flowers which has the support of Agrexco’s employees.
Agrexco had 332 employees in Israel and 180 in other countries, only 50 to 70 should be reemployed.
Bickel Flowers owns a farm and a packaging zone in Israel, and has an office in the Netherlands.
source : globes