Food Market Merger: Leading Importer Acquires Niche Distributor

A.G.T.D, a prominent Israeli food import and marketing company, announced the merger of its operations with Migam Food, a specialized importer, marketer, and distributor of cheeses, fish, butter, and chilled food products. Migam Food primarily serves the institutional market, with an annual turnover of approximately NIS 25 million (about $6.8 million USD).

Under the terms of the acquisition, A.G.T.D will integrate Migam Food's activities into its existing sales, distribution, and logistics networks. To accommodate this expansion, A.G.T.D is enlarging its logistics center, increasing its distribution fleet, and investing in operational infrastructure. This integration is expected to broaden A.G.T.D's product range for its clients and deepen its presence in the institutional sector.

Furthermore, A.G.T.D plans to extend Migam Food's products into the retail market, leveraging A.G.T.D's established sales, distribution, and commercial reach. While Migam Food has historically focused on the professional and institutional sectors, accumulating expertise in dairy, fish, and chilled foods requiring controlled supply chains, A.G.T.D intends to preserve and integrate this specialized knowledge and professional network into its own capabilities.

"The integration of Migam Food is another step in A.G.T.D's growth strategy and expansion in the food division," stated the company's management. They added that the synergy between Migam Food's expertise and A.G.T.D's import, marketing, distribution, and logistics capabilities will enhance their solutions for customers and strengthen their position in both institutional and retail markets. A.G.T.D views the food sector as a significant growth engine and plans continued investment in its development.

Tzachi Lifka, founder and partner at Migam Food, commented that the merger will enable continued development, product expansion, and market reach while maintaining the service quality and personal attention his clients expect. A.G.T.D, established in 1998, imports, markets, and distributes a wide array of food, beverage, and alcohol brands across Israel.