Israel Competition Authority raids Willi-Food offices

Investigators from the Israel Opposition Authority yesterday raided the workplaces of food stuff importers G. Willi-Food Investments Ltd. (TASE:WLFD) and seized pcs and other components. The raid follows the questioning of past month of Willi-Foodstuff chairman and managing shareholder Zvi Williger.

The raid is aspect of an ongoing value fixing probe, which commenced previous November when Levels of competition Authority investigators raided the offices of Shufersal Ltd. (TASE:SAE) and Strauss Team Ltd. (TASE:STRS) and seized pcs, paperwork and other products.




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As section of the investigation Shufersal CEO Itzik Abercohen and Victory Supermarket Chain (TASE: VCTR) CEO, controlling shareholder Eyal Ravid and Rami Levy Chain Retailers Hashikma Advertising and marketing 2006 Ltd. (TASE:RMLI) controlling shareholder Rami Levy, Osher Advertisement owner Aryeh Boim, Diplomat Holdings (TASE: DIPL) CEO Noam Weiman and other senior executives in the food items retail and import industry gave evidence.

In February, Opposition Authority investigators raided food items big Unilever’s places of work in Israel and seized computers and other supplies.

Willi-Foods declined to comment on the stories.

The corporation notified the Tel Aviv Inventory Exchange (TASE) that Israel Level of competition Authority raided their places of work and seized paperwork, telephones and pc products. The research purchase stated that the lookup was thanks to suspicions about alleged cartel arrangements. The corporation mentioned that it had no much more information and facts about the material and situation of the investigation.

Presumption of innocence: These being questioned are only suspects and have the suitable to be presumed harmless

Posted by Globes, Israel enterprise news – en.globes.co.il – on April 26, 2022.

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