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Strauss Group Chairwoman Ofra Strauss Joins Top Gum Board
Ofra Strauss, the chairwoman and controlling shareholder of the Israeli food giant Strauss, has joined the board of directors of Top-Gum, a global nutritional supplement company. The appointment is considered highly unusual for a major shareholder of a large company, as Strauss is valued at 13 billion shekels, while Top-Gum is valued at 1.15 billion shekels on the Tel Aviv Stock Exchange.
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What happened
- 01Ofra Strauss, chairwoman and controlling shareholder of Strauss, has joined the board of directors of Top-Gum.
- 02Top-Gum is a Sderot-founded dietary supplement company valued at 1.15 billion shekels on the Tel Aviv Stock Exchange.
- 03The appointment is considered highly unusual for a major shareholder of a company the size of Strauss, which is valued at 13 billion shekels.
- 04Top-Gum reported revenues of $33.8 million in the second quarter of 2026, marking its tenth consecutive record quarter.
- 05The company projects its annual sales for 2026 to exceed $145 million.
- 06Top-Gum employs over 400 people and operates production facilities in Sderot, the United States, and Canada.
- 07Both companies share operational ties to Sderot, where Top-Gum operates and Strauss runs a salted snack factory.
Top-Gum, which was founded in Sderot in 2004, specializes in developing and manufacturing gummy vitamins and dietary supplements for major global brands. The company has experienced rapid growth, reporting its tenth consecutive record quarter in the second quarter of 2026 with revenues of approximately $33.8 million, representing a 50% organic increase. Top-Gum projects its annual sales for 2026 to exceed $145 million.
According to Calcalist, the appointment is partly influenced by shared operational ties to Sderot, where Top-Gum originated and recently launched an advanced factory, and where Strauss operates its salted snack factory. Top-Gum also operates production sites in Canada and the United States, employing over 400 people. Strauss stated that her decision to join was driven by her belief in Israeli companies achieving global success while staying connected to their local roots.
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