Sources inform ''Globes'' that a delegation of Coca-Cola Company (NYSE: KO) executives is due to visit Israel next week to examine Israeli technologies. The American Israel Chamber of Commerce Southeast Region arranged the visit.
AICC Southeast Region Israel director Ilan Friedman said today that Coca Cola would use the visit to examine advanced technologies and concepts of Israeli companies in areas that affect all aspects of Coca Cola’s business. “The idea is to examine whether Israel has technologies suited to Coca Cola. The goal is to invest, acquire companies, sign strategic agreements with companies and funds, or merge with Israeli technology companies.”
Friedman added that the Coca Cola delegation would include executives and managers involved in investments and mergers, including executives from the company’s investment arm.
Coca Cola is interested in a great many companies with innovative technologies that touch on all aspects of its business. These fields include improved energy exploitation, packaging, water, improving financial and organizational procedures, taste and aroma substances, advanced preservatives, green fuels, warehousing, inventory management, and asset management.
Published by Globes [online], Israel business news - www.globes.co.il - on March 12, 2007
© Copyright of Globes Publisher Itonut (1983) Ltd. 2007