Gaydamak turns to tin

Russian-Israeli investor Arkadi Gaydamak agreed to buy a 45 percent stake in Willy Food Investments Ltd., an Israeli importer of canned pickles, fish and dried fruit, for $40.5 million.

Arkadi Gaydamak 88 298 (photo credit: Ariel Jerozolimski)
Arkadi Gaydamak 88 298
(photo credit: Ariel Jerozolimski)
Russian-Israeli investor Arkadi Gaydamak agreed to buy a 45 percent stake in Willy Food Investments Ltd., an Israeli importer of canned pickles, fish and dried fruit, for $40.5 million. Gaydamak will buy 3.9 million shares from shareholders Joseph and Zvi Williger, Yavne-based Willy Food Investments said in a statement to the Tel Aviv Stock Exchange on June 23. Gaydamak last week backtracked from buying control of Tiv Taam Holdings 1 Ltd., Israel's biggest non-kosher supermarket.