Israeli Food Importer AGAD Acquires Migam Food to Expand Market Reach

AGAD, a leading Israeli import and marketing company, announced the integration of Migam Food, a firm specializing in the import, marketing, and distribution of cheeses, fish, butter, and chilled food products. Migam Food primarily serves the institutional market, with an annual turnover of approximately NIS 25 million (around $6.8 million USD).

Under the agreement, AGAD will incorporate Migam Food's operations into its existing sales, distribution, and logistics networks. To accommodate this expansion, AGAD is increasing the capacity of its logistics center, augmenting its distribution fleet, and investing in operational infrastructure. This integration is expected to broaden AGAD's product offerings and deepen its presence in the institutional sector.

Furthermore, AGAD plans to extend Migam Food's products into the retail market, leveraging AGAD's established sales, distribution, and commercial infrastructure. Migam Food, which historically focused on the professional and institutional sectors, brings specialized knowledge and experience in dairy, cheese, fish, and chilled foods, particularly those requiring controlled supply chains and dedicated distribution.

AGAD stated its intention to preserve Migam Food's expertise, experience, and professional relationships, integrating them with AGAD's capabilities. The company views the food sector as a significant growth engine for the coming years and will continue to invest in its development, product diversification, and infrastructure enhancement. Zachi Lifka, founder and partner of Migam Food, expressed confidence that the merger will allow for continued development, expanded product offerings, and wider market penetration while maintaining service quality and professional knowledge.