Israeli competition authority raids Willi-Foods offices

Investigators from the Israeli competition authority raided the offices of food importers G. Willi-Food Investments Ltd. yesterday. (TASE:WLFD) and seized computers and other materials. The raid follows the interrogation of Willi-Foods chairman and controlling shareholder Zvi Williger last month.

The raid is part of an ongoing pricing investigation that began in November last year when investigators from the competition authority raided Shufersal Ltd.’s offices (TASE:SAE) and Strauss Group Ltd. (TASE:STRS) and seized computers, documents and other materials.

As part of the study, Shufersal CEO Itzik Abercohen and Victory Supermarket Chain (TASE: VCTR) CEO, controlling shareholder Eyal Ravid and Rami Levy Chain Stores Hashikma Marketing 2006 Ltd. (TASE:RMLI) controlling shareholder Rami Levy, Osher Ad owner Aryeh Boim, Diplomat Holdings (TASE: DIPL) CEO Noam Weiman and other senior executives in the food retail and import market testified.

In February, the Danish Competition Authority’s investigators raided the food giant Unilever’s offices in Israel and seized computers and other material.

Willi-Food declined to comment for comment.

The company announced to the Tel Aviv Stock Exchange (TASE) that the Israeli competition authority raided their offices and seized documents, telephones and computer equipment. The search warrant said the search was due to suspicion of alleged cartel agreements. The company said it had no further information on the substance and circumstances of the investigation.

Presumption of innocence: Those who are questioned are only suspects and have the right to be presumed innocent

Published by Globes, Israel business news – – on April 26, 2022.

© Copyright by Globes Publisher Itonut (1983) Ltd., 2022.

Leave a Reply

Your email address will not be published.