Gadot Chemical Terminals Overview
Gadot develops solutions in the field of management and operations in the chemical value chain. The group's integrated service offering includes manufacturing, sourcing, and marketing and sales of bulk and packed chemicals, oils, lubricants, fuel additives, and other materials for various industries. Gadot's logistics divisions operate tank terminals, warehouses, packaging and filling lines, and fleets of chemical tankers, road tankers, and trucks. Gadot has an extensive international network of facilities and partners. Gadot was established in 1959 by the Johananoff family. Since 2014, Gadot has been owned by Tene Investment Funds.
Cumulative Funding Raised Over Time ($)
—Jan 2014
Latest News
growth-positive
Tene to acquire Gadot Chemical Tankers for $73m
Tene Investment Funds Ltd. has acquired Gadot Chemical Tankers and Terminals Ltd. for $73 million. The acquisition came after a tender process in which other bids were around $70 million. FIMI Opportunity Funds had made a higher bid of NIS 74.5 million, but it was disqualified for being submitted after the deadline. Gadot Chemical Tankers, which was founded in 1958, operates through subsidiaries in Europe and Israel to store and ship chemicals. The company was put up for sale by Israel Discount Bank to recover a loan.
Acquisition
growth-negative
Private equity funds to buy Gadot, John Deere Water
Gadot Chemical Tankers and Terminals Ltd. and John Deere Water are up for sale. The value of the deals at both companies is estimated at tens of millions of dollars. Potential buyers include FIMI Opportunity Funds, Sky Fund, Emilia Development, Tene Investment Funds, Cartesian Capital Group, and a foreign consortium. Gadot Chemical Tankers has a large financial debt and John Deere Water has heavy losses. The deadline for bids is January 23. Gadots receivers are seeking to sell the company for at least $70 million to recover the loan given by Israel Discount Bank. John Deere Waters annual turnover is estimated at $250 million, with an annual loss of $40 million. Deere & Company decided to sell its water business in September 2013.
Acquisition
growth-positive
Ampal buys Gadot Chemicals Tankers
Ampal-American Israel Corporations subsidiary, Merhav Ampal Energy Ltd., is set to acquire a 63.66% controlling interest in Gadot Chemicals Tankers and Terminals Ltd. for NIS 348 million ($88.5 million). The acquisition is expected to be completed by the end of 2007, pending approval from the Antitrust Authority. Ampal aims to build a portfolio of assets with strong cash flow and plans to develop Gadots business in Israel and abroad. In its recent financial report, Ampal posted a consolidated net profit of $11.9 million in the third quarter, compared to a net loss in the same quarter of the previous year. Ampal is also investing in ethanol and other energy ventures. The companys market cap is $394 million.
Acquisition
growth-positive
Gadot Chemicals heads for the TASE
Gadot Chemicals, owned by Moshe Johananoff, is planning to raise capital through an IPO. The IPO will be held next week, with a total expected value of NIS 75 million. The underwriters, Poalim IBI, have proposed a structure where one-third of the capital will be raised as a stock issue, one-third as negotiable bonds, and one-third as a sales offering by Johananoff. Gadot Chemicals is an industrial company that imports and markets chemicals, provides storage and transportation services, and has recently expanded into the pharmaceuticals trade. The company highlights its good management, business stability, and a strong list of suppliers and clients. The IPO is expected to be successful, although there may be more interest in the negotiable bond component than in the stock issue. The companys value for the IPO is estimated to be around NIS 200 million.
Public TradingInvestment
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Acquired |
| Rounds | 1 |
| Investors | 1 |
Team Members
5
Employees: 201-500
Locations
HaMelacha Street 5, Netanya, Israel
Kruisweg 9, Antwerpen, Belgium
Gladbecker Str. 1-3, Dsseldorf, Germany
Belgicastraat 3, Gent, Belgium
Lindleystrae 19, Frankfurt, Germany
Photos & Videos
1 item(s)
Gadot Chemical Terminals Business
Business models
B2B, B2G
Product stage
Released
Employees
201-500
Sector
—Target Customer
—Core Technology
—Tags (14)
laboratoriesmedical-equipmentchemicalspackaging-and-containerscropsmarinestorageshippinglogisticsmaterialsisofertilizersagtechenergyGeographic Markets
IsraelEuropeGadot Chemical Terminals Financials
Undisclosed
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
Acquired
Funding stage
1
Total rounds
1
Investors
Cumulative Funding Raised Over Time ($)
—Jan 2014
Private Equity Funding
Undisclosed Round
Jan 2014
Undisclosed
Tene Investment Funds
Public Offering / Exit
MNAEvent
Jan 2014
$73M
Gadot Chemical Terminals Lifecycle
Cumulative Funding Raised Over Time
—Jan 2014
All Events
Undisclosed Round
Jan 2014
Undisclosed
Tene Investment Funds
MNAEvent
Jan 2014
$73M
Gadot Chemical Terminals News
4 articles
growth-positive
Tene to acquire Gadot Chemical Tankers for $73m
Tene Investment Funds Ltd. has acquired Gadot Chemical Tankers and Terminals Ltd. for $73 million. The acquisition came after a tender process in which other bids were around $70 million. FIMI Opportunity Funds had made a higher bid of NIS 74.5 million, but it was disqualified for being submitted after the deadline. Gadot Chemical Tankers, which was founded in 1958, operates through subsidiaries in Europe and Israel to store and ship chemicals. The company was put up for sale by Israel Discount Bank to recover a loan.
Acquisition
growth-negative
Private equity funds to buy Gadot, John Deere Water
Gadot Chemical Tankers and Terminals Ltd. and John Deere Water are up for sale. The value of the deals at both companies is estimated at tens of millions of dollars. Potential buyers include FIMI Opportunity Funds, Sky Fund, Emilia Development, Tene Investment Funds, Cartesian Capital Group, and a foreign consortium. Gadot Chemical Tankers has a large financial debt and John Deere Water has heavy losses. The deadline for bids is January 23. Gadots receivers are seeking to sell the company for at least $70 million to recover the loan given by Israel Discount Bank. John Deere Waters annual turnover is estimated at $250 million, with an annual loss of $40 million. Deere & Company decided to sell its water business in September 2013.
Acquisition
growth-positive
Ampal buys Gadot Chemicals Tankers
Ampal-American Israel Corporations subsidiary, Merhav Ampal Energy Ltd., is set to acquire a 63.66% controlling interest in Gadot Chemicals Tankers and Terminals Ltd. for NIS 348 million ($88.5 million). The acquisition is expected to be completed by the end of 2007, pending approval from the Antitrust Authority. Ampal aims to build a portfolio of assets with strong cash flow and plans to develop Gadots business in Israel and abroad. In its recent financial report, Ampal posted a consolidated net profit of $11.9 million in the third quarter, compared to a net loss in the same quarter of the previous year. Ampal is also investing in ethanol and other energy ventures. The companys market cap is $394 million.
Acquisition
growth-positive
Gadot Chemicals heads for the TASE
Gadot Chemicals, owned by Moshe Johananoff, is planning to raise capital through an IPO. The IPO will be held next week, with a total expected value of NIS 75 million. The underwriters, Poalim IBI, have proposed a structure where one-third of the capital will be raised as a stock issue, one-third as negotiable bonds, and one-third as a sales offering by Johananoff. Gadot Chemicals is an industrial company that imports and markets chemicals, provides storage and transportation services, and has recently expanded into the pharmaceuticals trade. The company highlights its good management, business stability, and a strong list of suppliers and clients. The IPO is expected to be successful, although there may be more interest in the negotiable bond component than in the stock issue. The companys value for the IPO is estimated to be around NIS 200 million.
Public TradingInvestment
Gadot Chemical Terminals Team
Employee Info
| Employees (range) | 201-500 |
| Exact count | 351 |
| Team members | 6 |
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Gadot Chemical Terminals Internal
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 520040775 |
| Crunchbase | gadot |
| Phone | +97298929500 |
| Creator | Yanina Wainscheinker |
| Creator email | yanina.wain@gmail.com |
| Last updater | Maor Perlov |
| Updater email | maorperlov@gmail.com |
| Last update | 2020-01-09T00:00:00.000Z |
| Created | 2014-09-02T00:00:00.000Z |
| Claimed | Yes |
| Hidden | The company is a service provider (visible: 0) |
| Status detail | Acquired by Tene Investment Funds on Jan, 2014 |