- Business
- Afcon Holdings Ltd is a diversified technology and industrial conglomerate headquartered in Petah Tikva, Israel, founded in 1945. It operates primarily in the industrial and commercial services sector, specializing in construction and engineering, control and automation, communication solutions, and renewable energy projects. The company’s core offerings include multi-system infrastructure EPC and construction projects; electromechanical systems installation; manufacturing and installation of high, medium, and low voltage switchgear products; natural gas engineering; and the development and deployment of wind farms and photovoltaic solar fields. Afcon also provides electric charging infrastructure, energy storage and management systems, hybrid water and wastewater treatment technologies, and green energy solutions. In communications and security, Afcon delivers end-to-end digital IP-based unified communications, security and protection systems, fire detection and extinguishing systems, cybersecurity, cloud network services, and low-voltage multimedia installations. The company services a broad range of industries including energy, transportation, ports and airports, telecommunications, defense, and public institutions.
Recently, Afcon Holdings has executed a strategic expansion into the U.S. energy market through a joint venture valued at up to $185 million with Namco Realty, focusing on solar installations, energy storage, and smart energy management systems for commercial properties. This partnership represents a significant shift towards renewable energy generation and sustainability in new geographic markets. Additionally, in 2025, Afcon shareholders approved key changes to its corporate structure and share capital, including amendments to the Articles of Association to enable the issuance of convertible warrants and securities to enhance financial flexibility. Afcon operates as a subsidiary of the Shlomo Group and maintains extensive operations both within Israel and internationally, leveraging advanced technologies and integrated project delivery platforms to serve its diverse client base.
This comprehensive industrial and technological profile positions Afcon Holdings Ltd as a multifaceted leader in infrastructure, energy, control systems, and communication technology, with continuous innovation and market expansion shaping its strategic direction.