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Basic industries

Skyline Cranes founder Baruch Parnas, Sarit Segev, head of Commercial, Industry and Hospitality at Bank Hapoalim, and Yaron Sulzbacher, founder and CEO of ILift  credit: Aviad Tevel Studios Tower crane co Skyline in NIS 340m exit

ILift, which provides hoists for building sites, has bought control of Skyline Cranes and Technologies from its founder Baruch Parnas.

Histadrut chairperson Arnon Bar David credit: Histadrut spokesperson, Shutterstock Who says removing import barriers doesn't lower consumer prices?

The Histadrut, that's who. A can of tuna begs to differ.

Strauss Group CEO Shai Babad  credit: Eyal Izhar Falling cocoa, coffee prices boost Strauss Group profit

The food company posted a 126% rise in first quarter net profit to NIS 181.

Turpaz chairperson Israel Leshem and CEO Karen Cohen-Khazon  credit: Rami Zarnegar Turpaz buys US co in largest ever acquisition

Turpaz has bought New Jersey-based Phoenix Flavors and Fragrances for $95 million.

Strauss Group CEO Shai Babad Strauss buys General Mills Brazil Yoki for $150m

The Israeli food company is diversifying its coffee activities in Brazil to dry food through its 50% owned joint venture 3corações.

Prodalim CEO Tsahi Barak  credit: PR Prodalim seeks NIS 2-2.5b valuation in TASE IPO

The natural food and beverages flavors company is controlled by the family of former Shin Bet chief Ronen Bar.

Idan Ofer  credit: Sivan Farag Idan Ofer set to make huge gain on Atletico Madrid sale

Ofer owns 32% of the club, control of which is being sold to US asset management firm Apollo at a valuation of €2.2 billion.

Marina Mushrooms produce  credit: Einat Levron Marina Mushrooms plans IPO at NIS 1b valuation

The company founded by Remo Ben Shushan in the 180s is now one of the biggest growers and distributors of fresh produce in Israel.

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