Osem (company)
From Wikipedia, the free encyclopedia
- This article is about the Israeli food corporation. For the OSEM algorithm, see Osem (mathematics).
Osem (Hebrew: אסם) is one of the largest food corporations in Israel. Founded in 1942 as a marketing company, only four years later, the company built its first factory in Bnei Brak.
In the beginning, Osem produced noodles, and invented small baked flakes in order to provide the needs of the Mizrahis, who diets were largely made up of rice and couscous. In 1964, Osem's snack factory was founded in Holon, and the company's main product was created - the Bamba. In 1970, the company started producing baked food. It also produces soup powders and sauce powders.
The company's main factory was built in 1976 in Petah Tikva, in which the company's administration offices, distribution center and the sauce factory are now found.
Osem has acquired several smaller food companies and expaned their product lines, such as Promin, Argal Bakery Shop and Magdanot HaBait factory (where the cakes production line is found).
In 1995, Osem started to market Nestle's products. Among these are coffee, chocolate and breakfast cereals. Today Nestle owns 50% of Osem's shares.