Ofra Strauss, Chairperson of Strauss Group, and Gadi Lesin, President & CEO of Strauss Group today announced the closing of an agreement to acquire 100% of shares in Tana Industries Ltd. and it’s Tami 4 water bar system, through the Group’s subsidiary H2Q Water Industries Ltd. 
Strauss paid NIS 291 million for this transaction which, with added cash adjustments, totalled NIS 303 million.

Gadi Lesin, President & CEO of Strauss Group said today “Strauss Group welcomes Tami 4’s managers and employees into the Strauss Group family today. We are fully committed to Tami 4’s continued growth and prosperity as well as to retaining its high level of customer-service, and we are convinced that together we will create a company that both leads in, and develops healthy, quality tap water solutions, in and away from home, in Israel as well as globally.”Rami Ronen, CEO of Strauss Water, said today: “Strauss Water and Tami 4 share a vision: to provide high quality, healthy water solutions for consumers in Israel and around the world, and thereby improve their quality of life. This is a very challenging aspiration and we are convinced that the synergy between Tami 4’s people and Strauss Group’s unique way and experience in turning local Israeli products into global success stories, will create an excellent basis for the fulfillment of this vision.”