May 30, 2012

Hod Golan and Abeles & Heymann in Strategic Merger

NEW YORK -- It was no secret that the Hod Golan brand and its many quality turkey products had emerged as a leader in the American kosher market. Its superior taste was credited to the agricultural savviness and technological advances by Maadanei Yehiam, founded in 1969 as the manufacturing branch of Kibbutz Yehiam located in Northern Israel. Many American kosher meat purveyors sought a strategic partnership with the Israeli turkey manufacturer. But last week, the company chose A & H Products as its new US strategic partner, forming a new company called Abeles & Heymann, located in Hillside, NJ. According to Micha Rakabi of Yehiam USA, sales of Hod Golan products worldwide approached $40 million in 2011 with $5 million in US sales. Abeles & Heymann annual sales in the US are said to be about $6 million. Although Yehiam is said to be the majority holder in the new company, the strategic partnership will no doubt be a major boon for both brands. One kosher source told Kosher Today: “Both companies are known for their quality; one will benefit from the technological and manufacturing knowhow of the Israeli entity while the Israelis will benefit from A&H’s knowledge of the US kosher market.”

Abeles & Heymann was founded in 1954 by Oscar Abeles and his Nephew Leopold Heymann. The company was acquired in 1997 by Mr. Seth Leavitt and Mr. David Flamholz. Mr. Leavitt was the sole owner in recent years. Yehiam employs over 150 people and produces over 15 million lbs.  annually, of high quality Ready To Eat deli meats and sausages in a state-of-the-art facility.