Avrot Industries Ltd.
TTASE:AVRT66.10
ILA
-0.40
(-0.60%)
ISIN
IL0002970106
Return %
Stock
S&P 500
1Y
-3.08
14.20
3Y
8.54
81.12
5Y
-25.23
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Yoram Mosai
- Full Time Employees
- 108
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- Kibbutz Beerot - Yitzhak Be'erot Yitzhak HM Israel 6090500
- IPO Date
- Apr 16, 1992
- Website
- avrot.co.il
- Similar Companies
- Business
- Avrot Industries Ltd engages in the lining, coating and production of steel and plastic pipes primarily for infrastructure applications in Israel and globally. The company manufactures protected steel pipes including APC pipes with internal linings and external coatings by cement mortar, APC GAL galvanized pipes, APC P/E pipes featuring external fusion-bonded powder coatings, heat shrinkable tapes and sheets, and APC fittings such as elbows, branches, reduced branches, reducers and caps; sewage and drainage pipes; corrosion protection solutions; and plastic pipes under the PALADEX brand for non-pressure gravity transport of wastewater, rainwater and liquids, as well as complementary accessories and tanks for drainage, sanitation, storage and separation. Its products serve the transportation of water, sewage, seawater, gas and petrol in industrial, municipal and agricultural sectors, with customers encompassing government agencies, water utilities, local authorities and commercial entities. Founded in 1984 and headquartered in Be'erot Yitzhak, Israel, Avrot operates as a subsidiary of Shapir Engineering and Industry Ltd following Shapir's acquisition of control via a $23 million investment with an option for additional stake up to 70% for around $40 million total. The company maintains a global presence through strategic partnerships emphasizing sustainable plastic piping innovations, while its core activities remain focused on advanced pipe technologies for high-pressure and gravity systems.