According to Calcalist, in addition to the full amount, the purchasing company will also pay NIS 7 million for the dairies’ stock and debts. The Zelanchal company deals with canned vegetables as part of the company ‘Yakhin’ which it purchased in 1998. Similar to other companies in the market, such as Tempo, this is its first entry into the dairy sector. The company specifically purchases the supervised milk of the dairies and the cheese production.
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Today Zelenchal is controlled by almost 37% by Yaakov Sheinfeld and 14.56% by the heirs of Ruth Sesover. The company is currently traded at a value of approximately NIS 248 million. The company ended the past year with a profit of NIS 10.7 million, a 22% jump compared to the year before, and in August distributed a dividend of NIS 15 million.