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Strauss in talks with Virgin UK over water venture

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Thursday, November 24th, 2011

Strauss Water Products and Richard Branson’s Virgin Group are discussing a venture to manage the sales and service of Strauss water products

Strauss Group Ltd. (TASE:STRS) has announced today that its subsidiary, Strauss Water Products, is holding negotiations with Richard Branson’s Virgin Group to create a venture to manage the sales and service of Strauss Water Products in the UK.
Strauss responded to media speculation by saying, “A binding agreement has not yet been signed with respect to this deal. We will notify the media accordingly.”