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Beresheit Fund invests in kibbutz co Galam

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Sunday, October 24th, 2010

As reported by IVC:

Galam produces value added food ingredients, such as fructose, native and modified starches, and glucose syrups.

Debt recycling fund Beresheit has made its tenth investment – NIS 94 million in kibbutz enterprise Galam Ltd., owned by Kibbutz Maanit. Closing of the deal depends on obtaining approval of the kibbutz, including a vote by the kibbutz members.
The deal reportedly gives Galam a company value of NIS 300 million, before money. Galam produces value added food ingredients, such as fructose, native and modified starches, and glucose syrups.

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