G. Willi-Food to construct new logistics center with $24.6M investment

G. Willi-Food International announces the receipt of a building permit for a new logistics center. The permit was received after a year and a half of planning and obtaining approvals from various authorities. The new logistics center will be built on property owned by the company in Yavne, adjacent to the old logistics center currently in operation and will allow the company to significantly expand its storage, collection and distribution space in order support the company’s continued growth and increased activity in the Israeli food market, including expansion into new categories and increasing market share.The company currently expects to invest approximately $24.6M to be financed from the company’s own resources.