The Vegetable Oil Industries Co. Ltd. agreed to acquire a 13.636% stake in National Beverage Company Coca-Cola/Cappy.

Vegetable Oil Industries Company Ltd (VOIC) is a Palestine-based public shareholding company engaged in the production, import, export and marketing of vegetable oil and ghee. The Company imports raw vegetable oil, refines and converts the raw oil into edible vegetable oil for the use of human consumption and distribution. Its main products include corn oil, sun flower oil and ghee, which are marketed under the brand names Reem, Al Kawakeb, Nabatain and Al-Ghazalin. It is also engaged in the production of sweets and patisseries. As of December 31, 2011, the Company held stake in its associated companies include Coco Cola National Drinks Company and Plastic Technology Company.