This site uses cookies to ensure the best viewing experience for our readers.
FIMI acquiring Gal-Shvav for $100 million

FIMI acquiring Gal-Shvav for $100 million

Gal-Shvav focuses on mechanics, optics, motion control, production, and assembly of complex and technologically advanced systems

Golan Hazani | 10:43  20.05.2021
Israel-based private equity firm FIMI Opportunity Funds is acquiring an 80% controlling stake in Gal‑Shvav for $100 million. Gal‑Shvav was established in 1990 by Shimon Amar as a precision machine shop and has grown into a leading manufacturer of advanced systems for the hi-tech industry. The Amar family will be selling its stake in the company to FIMI.

Gal‑Shvav Group offers solutions and services in a variety of industrial fields including medical, military, semiconductor, printing, solar, and security. The company focuses on mechanics, optics, motion control, production, and assembly of complex and technologically advanced systems.
FIMI Senior Partner Gillon Beck. Photo: Amit Shaal FIMI Senior Partner Gillon Beck. Photo: Amit Shaal FIMI Senior Partner Gillon Beck. Photo: Amit Shaal

The acquisition was led by FIMI Senior Partner Gillon Beck. "FIMI has identified the company's fields of activity, in particular when it comes to semiconductors, as sectors with a potential for significant growth. I'm convinced that together with the company's management and our experience in upgrading companies we will grow the company and continue to realize its potential."

PwC Israel's Corporate Finance consulting practice, led by Eitan Akiva, underwrote the deal.

share on facebook share on twitter share on linkedin share on whatsapp share on mail

TAGS