FIMI Opportunity Funds

RECENT NEWS IN ENGLISH

His Own League - For 25 years, Yishai Davidi has been buying, improving and selling at 3 times
Davidi, chairman and founder of the FIMI, received tens of thousands of votes from surfers and was chosen as No. 2 in the person-of-the-year rankings; "There is no magic here. We work very hard, we have a clear methodology"- a special interview with the investment manager and the good value producer in Israel.
BizPortal, January 7, 2021
FIMI quadruples investment on sale of Rivulis
The Singapore government's Temasek investment fund has completed the purchase of the irrigation systems company for $450 million.
Globes, December 13, 2020
FIMI closes $1.2b seventh fund
The FIMI 7 fund will continue the strategy of the previous funds, which is to invest in and enhance the value of Israeli companies over the long-term.
Globes, December 9, 2020
FIMI sells 33% of medical equipment co Simplivia
The sale in equal shares to The Phoenix Holdings and Leumi Partners is at a valuation of $140 million.
Globes, October 22, 2020
Delegation of senior Israeli businesspeople visits Dubai
The delegation led by Bank Leumi chairman Samer Haj Yehia includes the heads of dozens of firms and funds.
Globes, September 14, 2020
US co buys Oxygen & Argon from FIMI for NIS 575m
Air Products & Chemicals is acquiring Israel's largest manufacturer of industrial gases.
Globes, February 12, 2020
FIMI buys Teva plant in Kiryat Shmona
FIMI is paying $47.5 million for the Migada plant, which produces equipment to protect against hazardous pharmaceuticals.
Globes, February 10, 2019
FIMI buys 70% Stern Engineering stake
Stern Engineering's products include faucets, soap dishes, and contact-less electronic hand dryers.
Globes, January 22, 2019
FIMI Opportunity Funds Forks Over $40 Million for 50% of BIRD Aerosystems
Israel-based BIRD Aerosystems is a manufacturer of airborne missile protection and surveillance systems.
Calcalist, July 18, 2018
FIMI buys control of PCB Technologies
FIMI will inject NIS 125 million for 51% of the printed circuits and assembles components and systems manufacturer.
Globes, March 1, 2018
FIMI buys US co Aitech for $30m
Aitech is a global supplier of rugged electronics systems.
Globes, February 8, 2018
FIMI to invest $40m for 53.6% of ImageSat
Israel Aerospace Industries will keep the rest of the shares of the satellite photography company.
Globes, November 6, 2017
FIMI acquiring 50% of SOS Energy
FIMI will pay NIS 90 million to company owner for the stake in the on-site fueling company
Globes, October 1, 2017
FIMI buying control of Orbit Technologies
FIMI will initially take a 33.4% stake in communication systems provider Orbit at a 35% premium. Orbit's share price has soared.
Globes, August 22, 2017
FIMI to float Overseas Commerce at NIS 450m value
Overseas published a draft prospectus for an offer for sale and an NIS 100 million bond offering.
Globes, November 21, 2016
FIMI buys ingredients co Galam
Private equity firm FIMI is paying NIS 290 million to buy Galam from Kibbutz Ma'anit and the Bereshit fund.
Globes, October 10, 2016
FIMI to acquire control of Delek-San Recycling
FIMI will invest NIS 100 million in acquiring control of the environmental solutions and industrial wastewater treatment company.
Globes, October 5, 2016
How FIMI came to dominate Israeli M&A
The cash-rich private equity fund has become a potential buyer for almost any company being sold.
Globes, August 22, 2016
FIMI sells aviation products co Givon to India's Wipro
Wiprois paying NIS 300 million for Haifa-based Givon.
Globes, August 2, 2016
FIMI buys Bet Shemesh Engines controlling stake
FIMI bought 42% of Bet Shemesh Engines from Clal Industries for NIS 125 million.
Globes, May 31, 2016
FIMI raises $1.1b private equity fund
The FIMI 6 Fund is the largest ever raised in Israel.
Globes, February 3, 2016
FIMI buys 50% Unitronics stake for NIS 110m
FIMI is buying the automation solutions and logistics systems company at a 30% premium on its market price.
Globes, March 20, 2016
FIMI buys control of Oxygen and Argon Works
FIMI buys control of Oxygen and Argon Works for NIS 180.
Globes, July 2, 2015
FIMI buys control of Hadera Paper
FIMI Opportunity Funds is paying NIS 354 for Clal Industries' 59% Hadera Paper Stake.
Globes, June 24, 2015
Deal of the Year
Deal of the Year 2014 - FIMI Opportunity Funds acquisition of John Deere Water.
Acquisition International, January 2015
FIMI takes control of Gilat
FIMI will invest $25 million to buy controlling interest from York.
Globes, September 18, 2014
FIMI acquires control of Magal
FIMI will acquire 40% of shares from current controlling shareholder
Globes, July 30, 2014
FIMI floats Inrom
FIMI floats Inrom on TASE at NIS 800m value
Globes, May 27, 2014
America-Israel Friendship League honors Ishay Davidi
America-Israel Friendship League presented its 2013 Partners for Democracy Award to Ishay Davidi, Founder and CEO of FIMI Opportunity Funds.
FIMI buys 50% of Pharm-Up
Pharm-Up provides medical logistics and services for pharmaceuticals, medical equipment, and clinical trials.
Globes, September 8, 2013

RECENT NEWS IN HEBREW

Yishai Davidi's satellite did not disappoint: FIMI separates from Gilat with a cumulative profit of $135 million
About a decade after investing in the satellite communications company, FIMI agreed to sell the remaining holding to Phoenix. The insurance company will purchase Gilat shares from Gilat Equity for $22.5 million, and will receive an option to purchase additional shares, to be exercised by the end of 2022. In total, FIMI’s cumulative profit is ~ $135 million with a return of 2.7 times its investment.
Globes, March 8, 2022
Taking advantage of Teva's troubles: What's behind FIMI Fund's new investments
The fund led by Yishai Davidi has invested close to NIS 1 billion in companies that operate in the medical field, and in some of them it already sees a handsome improvement.
Globes, January 19, 2021
His Own League - For 25 years, Yishai Davidi has been buying, improving and selling at 3 times
Davidi, chairman and founder of the FIMI, received tens of thousands of votes from surfers and was chosen as No. 2 in the person-of-the-year rankings; "There is no magic here. We work very hard, we have a clear methodology"- a special interview with the investment manager and the good value producer in Israel.
BizPortal, January 7, 2021
FIMI quadruples investment on sale of Rivulis
The Singapore government's Temasek investment fund has completed the purchase of the irrigation systems company for $450 million.
Calcalist, December 13, 2020
FIMI closes $1.2b seventh fund
The FIMI 7 fund will continue the strategy of the previous funds, which is to invest in and enhance the value of Israeli companies over the long-term.
Globes, December 9, 2020
FIMI distributed 16% of G1 shares to institutional investors at a discount of 2.5%
Following the completion of the transaction, FIMI was reduced to a holding of approximately 50.2% of the company's shares and will remain the controlling shareholder.
BizPortal, December 3, 2020
FIMI and Moshav Ram-On sold 35% of Polyram at a value of NIS 1 billion
FIMI sold 26% of the shares for NIS 260 million, and is expected to post a profit of $ 200 million on her investment in Polyram. The moshav sold 8.6% for NIS 86 million.
Calcalist, November 28, 2020
Polyram issued its shares at a value of NIS 1 billion, FIMI and Ram-On sold shares for NIS 346 million
The FIMI Fund, managed by Yishai Davidi, owned 65% of Polyram shares, sold 26% of them for NIS 260 million and remained with 39% of the company's shares. Ram-On owned 35% of the company's shares and sold 8.6% of them for NIS 86 million.
The Marker, November 27, 2020
FIMI profits on Simplivia are a big miss for Teva
FIMI will sell 33% of the company's shares to Phoenix and Leumi Partners for $47 million - the amount in which it acquired the entire company.
Calcalist, October 22, 2020
FIMI acquires joint control of the plastic company Rimoni for NIS 150 million
CEO Danny Rimoni: "My 93-year-old father gave the blessing. We have no doubt that FIMI will help us make a big leap."
Calcalist, August 3, 2020
The Rimoni Family's Exit: The FIMI acquires half of the controlling shares in the company
The deal - at a premium of 20% on the market price - will transfer 37.5% of Rimoni's shares to FIMI.
Globes, August 3, 2020
After an investment of $ 25 million, FIMI became the controlling owner of Amiad
The fund transferred $22 million to the water systems company for 37% of the shares and transferred $3 million to Kibbutz Amiad for an additional 5%.
Calcalist, April 12, 2020
US co buys Oxygen & Argon from FIMI for NIS 575m
Air Products & Chemicals is acquiring Israel's largest manufacturer of industrial gases.
Globes, February 12, 2020
FIMI doubles stake in Kamada with $25m investment
FIMI is increasing its stake in the Israel plasma-derived protein therapeutics company from 9% to 21%.
Globes, January 21, 2020
FIMI - Largest Private Equity in Israel
Ishay Davidi, FIMI's Founder and CEO, is one of Globes' "People of the Decade".
Globes, December 27, 2019
FIMI sells 11% of Ham-Let
The sale means that FIMI's stake in Ham-Let falls from 42% to 31%. The fund will continue to be the controlling shareholder.
Globes, November 28, 2019
"Private Collection"
Holding more than 30 companies with over 18,000 employees, Ishay Davidi shares his experience while visiting a few of FIMI's portfolio companies.
Globes, January 1, 2015
Long Range Strategic Planning
FIMI's success is derived from comprehensive strategic thinking. It is time for Israel to utilize a similar approach.
Calcalist, September 22, 2014