Eshbal Functional Food
Specialty Food Solutions
Company Overview
Snapshot
Founded in January 1940, Eshbal Functional Food operates with 11–50 employees. The company was acquired by Cannibble FoodTech in November 2022.
Business overview
Eshbal Functional Food is an Israeli food manufacturer specializing in nutraceuticals, medicinal foods, sugar-free and gluten-free products, syrups, and dry mixes. The company's production capabilities include mixing powders and cereals, cooking syrups and liquids, baking and packaging gluten-free products, and diverse packaging technologies. Eshbal focuses on functional food ingredients that offer health benefits beyond their nutritional value, serving retail brands, private labels, and B2B clients in global markets including the United States, England, Russia, Ukraine, and Denmark.
Strategic signal
In November 2022, Cannibble FoodTech signed a definitive agreement to acquire Eshbal Functional Food. This acquisition signals a strategic move by Cannibble to expand its portfolio with an established Israeli gluten-free food tech manufacturer, indicating consolidation and growth within the functional food sector.
Company Intelligence Q&A
- When was Eshbal Functional Food founded?
- Eshbal Functional Food was founded in January 1940.
- What was a significant corporate milestone for Eshbal Functional Food?
- A significant corporate milestone for Eshbal Functional Food was its acquisition by Cannibble FoodTech in November 2022, as part of a definitive agreement to expand Cannibble's portfolio with an established Israeli gluten-free food tech manufacturer.
- What type of products does Eshbal Functional Food specialize in?
- Eshbal Functional Food specializes in nutraceuticals, medicinal foods, sugar-free and gluten-free products, syrups, and dry mixes, focusing on functional food ingredients.
- Which company acquired Eshbal Functional Food?
- Eshbal Functional Food was acquired by Cannibble FoodTech in November 2022.
- What is the primary sector of Eshbal Functional Food?
- Eshbal Functional Food operates in the Agriculture & Food Technologies sector, specifically focusing on Food Tech and Novel Food & Ingredients.