YAVNE, Israel, August 22, 2017 /PRNewswire/ --
G. Willi-Food International Ltd. (NASDAQ: WILC) ("the Company" or "Willi-Food"), a global company that specializes in the
development, marketing and international distribution of kosher foods, reported that the Company's Board of Directors (the
"Board") has appointed Mr. Zwi Williger, a director of the Company, as Co-Chairman of the Board,
along with Mr. Yoseph Williger. Prior to said appointment Mr. Yoseph
Williger was the sole Chairman of the Board.
About G. Willi-Food International Ltd .
G. Willi-Food International Ltd. (http://www.willi-food.com) is an
Israeli-based company specializing in high-quality, great-tasting kosher food products. Willi-Food is engaged directly and
through its subsidiaries in the design, import, marketing and distribution of over 600 food products worldwide. As one of
Israel's leading food importers, Willi-Food markets and sells its food products to over 1,500
customers in Israel and around the world including large retail and private supermarket chains,
wholesalers and institutional consumers. The company's operating divisions include Willi-Food in Israel and Gold Frost, a wholly owned subsidiary who designs, develops and distributes branded kosher,
dairy-food products.
FORWARD LOOKING STATEMENT
This press release contains forward-looking statements within the meaning of safe harbor provisions of the Private
Securities Litigation Reform Act of 1995 relating to future events or our future performance, such as statements regarding
trends, demand for our products and expected sales, operating results, and earnings. Forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements
to be materially different from any future results, levels of activity, performance or achievements expressed or implied in those
forward-looking statements. These risks and other factors include but are not limited to: monetary risks including changes in
marketable securities or changes in currency exchange rates- especially the NIS/U.S. Dollar exchange rate, payment default by any
of our major clients, the loss of one of more of our key personnel, changes in laws and regulations, including those relating to
the food distribution industry, and inability to meet and maintain regulatory qualifications and approvals for our products,
termination of arrangements with our suppliers, in particular Arla Foods, loss of one or more of our principal clients, increase
or decrease in global purchase prices of food products, increasing levels of competition in Israel and other markets in which we do business, changes in economic conditions in Israel, including in particular economic conditions in the Company's core markets, our inability to
accurately predict consumption of our products and changes in consumer preferences, our inability to protect our
intellectual property rights, our inability to successfully integrate our recent acquisitions, insurance coverage not sufficient
enough to cover losses of product liability claims and risks associated with product liability claims. We cannot guarantee future
results, levels of activity, performance or achievements. The matters discussed in this press release also involve risks and
uncertainties summarized under the heading "Risk Factors" in the Company's Annual Report on Form 20-F for the year ended
December 31, 2016, filed with the Securities and Exchange Commission on April 27, 2017. These factors are updated from time to time through the filing of reports and registration
statements with the Securities and Exchange Commission. We do not assume any obligation to update the forward-looking information
contained in this press release .
Company Contact:
G. Willi-Food International Ltd.
Itsik Barabi
(+972)8-932-1000
itsik.b@willi-food.co.il
SOURCE G. Willi-Food International Ltd.