Albaad

Company Overview

Snapshot

Founded in January 1985, Albaad is a public company with 201–500 employees. The company has raised $15 million across two funding rounds. Albaad was named among Israel's 150 Most Trusted Companies in May 2023.

Business overview

Albaad specializes in the production of wet wipes and hygiene products, including various types of wipes and feminine hygiene items. The company manufactures wet wipes across multiple international production sites, primarily supplying clients in Europe. Albaad also produces non-woven fabric for its wet wipes, with a dedicated facility for plant-based, plastic-free fabrics, and manufactures tampons primarily for the US market. The company operates R&D facilities in the U.S., Germany, and Israel, serving the Industrial Technologies sector.

Strategic signal

In May 2023, Albaad was recognized as one of Israel's 150 Most Trusted Companies. This recognition signals strong brand reputation and consumer confidence, which are critical assets for a company operating in the consumer goods and hygiene product markets. For investors, this indicates a stable and well-regarded entity within its industry, potentially leading to sustained market performance and customer loyalty.

Company Intelligence Q&A

When did Albaad become a public company?

Albaad became public on the TASE in January 1994.

What was a key acquisition made by Albaad in 2021?

In May 2021, Albaad acquired the Spanish wet wipes company Optimal Care. The acquisition aimed to expand Albaad's market presence in Europe and strengthen its product portfolio in the wet wipes sector.

What was a significant legal victory for Albaad in 2020?

In January 2020, Albaad won a patent challenge in US court related to tampons.

What was Albaad's strategic acquisition in 2010?

In July 2010, Albaad acquired Rostam, a tampon manufacturer. This acquisition was a strategic move to expand Albaad's product offerings into the tampon market and strengthen its position in feminine hygiene products.

What recognition did Albaad receive in May 2023?

In May 2023, Albaad was named among Israel's 150 Most Trusted Companies.