Fields of Activity

The story of Strauss is told in a moment: everywhere people encounter us, when that wonderful taste takes them by surprise, when the body is filled with energy, when that indulgence is there at exactly the right time. In everything we do, we always look for that refreshing innovation, and our search inspires the creation of new experiences. Health becomes more exciting, and fun becomes a special pleasure. The Strauss brand fuses these experiences into a single, common, extraordinary experience that brings different people from all over the world closer, and then, the greatest wonder of all is created.

Let’s take a close look at our diverse areas of activity and the brands through which we improve people’s lives everywhere.

The story of Strauss is told in a moment: everywhere people encounter us, when that wonderful taste takes them by surprise, when the body is filled with energy, when that indulgence is there at exactly the right time. In everything we do, we always look for that refreshing innovation, and our search inspires the creation of new experiences. Health becomes more exciting, and fun becomes a special pleasure. The Strauss brand fuses these experiences into a single, common, extraordinary experience that brings different people from all over the world closer, and then, the greatest wonder of all is created.

Let’s take a close look at our diverse areas of activity and the brands through which we improve people’s lives everywhere.

Water
Water is the source of life, our most precious resource. There are some who take it for granted, while others walk for miles to find it. Wherever we live, however we live, water is essential to our existence and to our quality of life, and we must safeguard it for ourselves and for the future of our children.

The quality of the world's water is deteriorating, and only 1% of the water on earth is drinkable. One person out of eight has no access to water that is fit for consumption, and 1.1 billion people have no safe source of drinking water within a range of 1km from their homes.

Water is the natural environment for the Strauss Group, which acts to improve the quality of people's lives, to promote corporate social responsibility and environmental awareness. Because what is more basic than water? And what is more wondrous than to return to millions of the people their basic right to enjoy clean, safe water?

Strauss identified a real opportunity in point of use (POU) water treatment, and we have invested in the development of products and technologies that guarantee our consumers water that is both of good quality and safe to drink, and also provides a functional response to their everyday needs.

Our vision in the world of water is to establish a leading global company that delivers drinking water purification and filtration solutions that guarantee water quality and taste, are environmentally friendly, attractively designed, and provide a convenient, simple drinking experience.

Strauss Water is active in Israel, China and the UK and other countries. We aspire to expand to other parts of the world with the aim of making our technological solutions available to their inhabitants.

We are here to supply solutions that are more innovative, solutions that are better. We are here to make the experience of drinking water an exciting one, and to build life-long relationships with our customers.

  

Brands

Areas of Activity

Water In The News

All News
Strauss Group Announces it will purchase an additional 15% of the shares in Haier Strauss Water Joint Venture
2017-05-29

Strauss Group Announces it will purchase an additional 15% of the shares in Haier Strauss Water Joint Venture

Strauss Group Strengthens its position in the Chinese Residential Water Market and Announces it will purchase an additional 15% of the shares in Haier Strauss Water Joint Venture for NIS c78.3 million via its subsidiary Strauss Water Strauss Group announces that its subsidiary Strauss Water Ltd. ("Strauss Water") has exercised its option to acquire an additional 15% of the shares in the Joint Venture Qingdao HSW Health Water Appliance Co., Ltd ("Joint Venture") as per the Joint Venture agreement and as part of the reorganization process which commenced in 2015 and which has now reached its successful outcome with this purchase. Following the share purchase the Joint Venture will be held 51% by companies of the Haier Group and 49% by Strauss Water. Strauss Water will pay the Haier Group Company NIS 78.3 million within 90 days. The price of the shares was determined based on the financial results of the Joint Venture for 2016 as agreed upon in the Joint Venture agreement. The proceeds will be financed by a shareholder's loan that Strauss-Group provided Strauss Water with.   Gadi Lesin, President and CEO of Strauss-Group said: " This purchase further strengthens Strauss' presence in the residential water market in China, one of the largest and fastest growing markets globally and coincides with Strauss-Group's recent strategic acquisitions (25.1% stake in Strauss Coffee and the minority acquisition in Strauss Water and the sale of the Max Brenner business) and the company's long term strategy to strengthen its holdings in its core businesses alongside the strengthening of the relationships with its partners."   Ronen Zohar, CEO of Strauss Water said: "Our business in China represents an important journey we started a few years ago with the ultimate goal of becoming the leading water company in the geographical regions we operate in. The potential in China is huge, and together with Haier we have the ability to bring this potential to fruition by supplying the demand of the Chinese residential market for innovative water purification solutions, as we did in Israel".   The Joint Venture develops, installs, sells and services water purification solutions. The Joint Venture's 2016 annual revenues totaled NIS 352 million, up 36% on the previous year's sales (*). For the first quarter of 2017 the Joint Venture's sales totaled NIS 117.9 million, up from NIS 59.2 million in the first quarter of 2016, an increase of c100% (**). The net profit of the Joint Venture for 2016 amounted to NIS30 million (*) and net profit for the first quarter of 2017 amounted to NIS 9.5 million, compared to the net profit in the first quarter of 2016 of NIS 6.1 million, an increase of 55% (**).   Estimated at c$ 6 billion with an impressive annual double digit growth rate, the Chinese residential water purification market is estimated to be one of the largest in the world. The expectation for this growth trend is to continue over the next few years supported by a growing number of Chinese families demanding modern water purification solutions as opposed to more traditional water purification methods such as boiling water and using large plastic water jars.   Strauss signed the Joint Venture agreement with Haier at the end of 2010 and introduced the first Joint Venture products at the end of 2011. Nowadays the Joint Venture markets a wide variety of residential water purification solutions. (*) based on the audited financial results of the Joint Venture for the year ending December 31st, 2016 (**) unaudited based on 100% of the company   The figures above do not include adjustments for excess costs incurred at the original date of entry into the Joint Venture For further information please contact:   Daniella Finn Director of Investor Relations | Strauss Group   49 Hasivim St., Petach Tikva | 49517 Phone: + 972-3-675-2545 | Mobile: + 972-54-577-2195 Daniella.finn@strauss-group.com www.strauss-group.com   Osnat Golan VP Communications & Digital, Spokesperson Strauss Group Ltd. 972-52-828-8111 972-3-675-2281 Osnat.Golan@Strauss-Group.com   Or Gil Messing External Communications Director Strauss Group Ltd. 972-54-252-5272 Gil.Messing@Strauss-Group.com
New Appointments in Strauss Water:
2015-07-06

New Appointments in Strauss Water:

Appointment of VP Global Strategy, Product Innovation and Marketing; Appointment of CEO for Strauss Water Israel Ronen Zohar, CEO of Strauss Water- the international water company of Strauss Group – today announced the promotion of company employees Dror Morad and Yaniv Shirazi to newpositions. Dror Murad (44), who served as CEO of Strauss Water Israel for the past six years, was promoted to the position of V.P. Products, Marketingand Strategy at Strauss Water global.  In this capacity, Dror will formulate and lead the strategic plan of the company and oversee product development and marketing in all the countries where Strauss Water operates, working with its partners and distributors worldwide.  Dror holds a B.A. and an M.B.A from Ben Gurion University Yaniv Shirazi (43), currently VP Strategy and Business Development at Strauss Water, will be promoted to the position of CEO of Strauss Water Israel.  Yaniv led the strategy and business development activity of the company and managed its international distributors apparatus.  In his new capacity, Yaniv will manage the company’s activity in Israel.  Yaniv holds an M.B.A. from the Wharton School of Business in the U.S. and a B.A. in Government and Public Administration from the InterdisciplinaryCenter in Herzeliya. On the occasion of these appointments Ronen Zohar, CEO of Strauss Water, said: “Strauss Water is today promoting two of its finest executives to key positions as an integral part of a process designed to strengthen the company as Israel’s leading water bar company that is also developing in additional countries overseas.  Our partnerships in China and England, and our international distribution apparatus in six other countries, are all based on advanced Israeli technology and unique human capital which, joined together, create real value for millions of consumers worldwide. Dror is completing a very successful term in office, throughout which he led Strauss Water Israel to high growth, while building and strengthening the Tami4 brand.  He will now expand his contribution to include the global company, taking on the challenge of product development, innovation and building the Strauss Water brand across all activities.  I am confident that his extensive experience will contribute significantly to the challenges faced by the company, including its current and future markets. Dror’s successor, Yaniv, is the person behind the accelerated development of product sales overseas through franchisees; he is tasked  with the challenge of further developing  Strauss Water’s position as Israel’s leading water bar company,  creating added value for hundreds of thousands of households in Israel.” About Strauss Water: Strauss Water is a leading international company that specializes in high-quality, great tasting purified drinking water solutions. Strauss Water develops, manufactures and markets environmentally-friendly Water Bars supplying hot, cold and carbonated water for home and business use, on the highest of world standards. The company is the product of Strauss Group’s investment in the technological venture H2Q and the acquisition of Tana Industries, owner of the Tami 4 brand (2009). The company’s products are sold worldwide through business collaborations and local franchisees. In 2011 the company established local partnerships with the Chinese electronics giant, Haier, and with Virgin Group in the UK, and is also active through franchisees around the world. In the course of its activities the company developed four product series based on its water purification technology, which deliver hot and cold drinking water, and since 2013 – carbonated water as well. In 2014 Strauss Water’s sales totaled approximately 548 million shekels. Since 2010 the company’s average annual sales growth has amounted to approximately 9.4%
A new joint venture agreement between Strauss Water and Haier group
2015-06-04

A new joint venture agreement between Strauss Water and Haier group

Further to the Immediate Report dated 14/1/2015 (Reference No. 2015-01-011371), the Company hereby announces that its subsidiary, Strauss Water Ltd. ("Strauss Water"), signed with companies from the Haier Group a series of share transfer and exchange agreements, and a Joint Venture Agreement, for restructuring the Haier Strauss Water joint venture in China. The restructure will expand the joint venture business, by adding water purification products in technology that to-date was owned byHaier. The new joint venture company, Qingdao HSW Health Water Appliance Co., Ltd. will engage in research, development, installation, sale, maintenance, treatment and water purification, and from now on will also include the reverse osmosistechnology. Pursuant to the Joint Venture Agreement with the Haier Group companies: Haier Group Corporation, Health Water Equipment (HK) Co., Limited. and Haier International Co., Limited, the joint venture will be owned by the companies from the Haier Group 66% and Strauss Water 34%. To complete Strauss Water's share in the joint venture to 34%, Strauss Water will pay Haier approximately NIS 31 million. Under the Joint Venture Agreement, Strauss Water has an option to purchase up to an additional 15% of the shares of the joint venture in 2017 for a consideration determined in accordance with the valuation of the joint venture which will be based on its 2016 financial results, and in any event will not exceed NIS 90 million. In addition, the Joint Venture Agreement governs the relations between the parties and their share in the management of the joint venture, and determines that the Board of Directors of the joint venture will consist of 5 members, with 3 members appointed by Haier and 2 appointed by Strauss Water. Chairman of the Board of Directors of the joint venture will be appointed by Strauss Water and the CEO will be appointed by the Board per the recommendation of Haier. In addition, Strauss Water and the joint venture signed a License Agreement under which Strauss Water has granted an exclusive license to the joint venture to use the Maze technology in China. The HaierGroup will provide distribution, marketing, sales, development and service to the joint venture. Turnover of the joint venture (pro-forma) in 2014 was NIS 210 million, with 67% annual growth rate compared to 2013.
New CEO for Strauss Water Ronen Zohar, former Sabra CEO,  appointed CEO of Strauss Water
2015-02-04

New CEO for Strauss Water Ronen Zohar, former Sabra CEO, appointed CEO of Strauss Water

Gadi Lesin, President and CEO of Strauss Group, this morning announced the appointment of Ronen Zohar as CEO of Strauss Water. Zohar (54), married and father of three, began his career at Strauss 26 years ago, in which he rose through the ranks and successfully held a variety of positions in sales, operations and senior management, the most prominent of them being CEO of Strauss Frito-Lay Salty Snacks (2001-2005), CEO of Strauss Dairies (2005-2007) and CEO of Sabra (2007-2014). Zohar holds a bachelor of science degree in food technology from the Hebrew University of Jerusalem.As CEO of Sabra, in the past seven years Ronen grew the company more than tenfold (from 45 million dollars to 480 million dollars), entering new product categories in salsa and guacamole, building a new hummus factory in Virginia and doubling its capacity four years later, building a Center of Excellence to develop the core category (hummus) and positioning the company as the Number 1 player, significantly distinct from the competition, as penetration rates of US households grew steadily each year and operations in Canada expanded.Gadi Lesin, President and CEO of Strauss Group, said: "Ronen Zohar brings with him a rare combination of a people-oriented leadership style, extensive experience and strong proven skills in leading companies to impressive business performance, and knowledge in managing international partnerships and businesses in a complex environment. I am certain that Ronen's leadership abilities and extensive experience will contribute significantly to the company, and that together with Strauss Water management and its people, they will lead the company on to making the next quantum leap while ensuring its continued success in the future. This is another opportunity to thank Rami Ronen for the incredible journey he has made with Strauss Water since its establishment, leading the team and developing the vision into a growing and expanding reality" About Strauss Water:Strauss Water is a leading international company that specializes in high-quality, great tasting purified drinking water solutions. Strauss Water develops, manufactures and markets environmentally-friendly Water Bars supplying hot, cold and carbonated water for home and business use, on the highest of world standards. The company is the product of Strauss Group's investment in the technological venture H2Q and the acquisition of Tana Industries, owner of the Tami 4 brand (2009). The company's products are sold worldwide through business collaborations and local franchisees. In 2011 the company established local partnerships with the Chinese electronics giant, Haier, and with Virgin Group in the UK, and is also active (through franchisees) in Canada, Costa Rica, Cyprus, Finland, Portugal and Singapore. In the course of its activities the company developed four product series based on its water purification technology, which deliver hot and cold drinking water, and since 2013 – carbonated water as well. In the first nine months of 2014 Strauss Water's sales totaled approximately 408 million shekels, and in 2013 – 483 million shekels. Since 2009 the company's average annual sales growth has amounted to approximately 12%.For more information on the company, visit http://www.strauss-water.com. 
Green Standard Awarded to the Water Bars of Strauss Water
2015-01-20

Green Standard Awarded to the Water Bars of Strauss Water

Dror Morad, CEO: "600 million bottles of mineral water have been saved since the company was established" David Leffler, Director General of the Ministry of Environmental Protection, and Dan Goldstein, CEO of the Israel Standards Institute, awarded Dror Morad, CEO of Strauss Water Israel a Green Standard for the Tami4 water bars of Strauss Water.The reasons for awarding the Green Standard: • Energy-efficient appliance • Doesn't contains heavy metals, prohibited flame retardants or other dangerous materials. Moreover, the plastic comprising the appliance is unleaded and recyclable after use. • Strauss Water undertook to recycle all appliances for purposes of either reuse or dismantling and recycling through World Recycling. Strauss Water's water bars are the first electric appliance of its kind to receive a Green Standard. The company presented figures which suggest that between 2007-2014 the use of water bars increased from 12% to 28%. It was further suggested at the meeting that every water bar purchased saves the use of 1,000 bottles of mineral water. David Leffler, Director General of the Ministry of Environmental Protection: "We regard Israeli companies as full partners in environmental improvement and  reduction of pollutants in Israel. I am pleased to discover that companies are starting to realize the inherent economic and public value of environmental efficiency, which leads them to initiate and promote quite a few start-ups and technological innovations that improve product quality and reduce its ecological impact. We are currently establishing a research center to manage materials in conjunction with academic institutions. We believe that this research center will help commercial companies as well, both in Israel and internationally, to optimize their production processes in the future. "Danny Goldstein, CEO of the Israel Standards Institute: "The Israel Standards Institute encourages companies to improve the quality of life of their consumers as  demonstrated in the product of Strauss Water. We congratulate Strauss Water on being the first to act, on taking the initiative and becoming responsible for both water quality and protection of the environment. We urge other companies to follow Strauss Water's lead and launch processes that promote environmental protection. "Dror Morad, CEO of Strauss Water Israel: "At Strauss Water, we have inscribed on our banner to reduce our ecological footprint. This derives from a broad perception of Strauss Group, that has placed sustainability as part of its core values and assimilates it in its business processes. Our appliances, with all their components, are recyclable and meet the stringest international standards. Strauss Water has been working to improve its environmental activity since its inception. The mere use of water bars saved Israel 600 million water bottles that pollute the environment. Every day we touch almost two million consumers, and the changes we have made over the years enable them, too, to participate in the process of improving their quality of life and receive better water."