Idit, the institutional catering company that serves, among other clientele, the
Defense Ministry and Israel Electric Corporation, has purchased competing
caterer Tiv V’taim 1992. Tiv V’taim produces more than 8,000 meals a day and
earns NIS 50 million annually.
“The transaction serves the company’s
strategy of expanding in the field of catering in civil institutions,” Idit CEO
Dan Palati said. Tiv V’taim clients include Israel Chemicals, the Haifa
Municipality, the Technion, SandDisk and the Elisha Towers.