Huliot News
3 articles
growth-positive
Israeli Technology makes an Impact in the Indian Piping Industry!
Huliot Pipes, a leader in the design and manufacture of advanced flow systems for buildings, has been experiencing significant growth in the last few years. The company has expanded its footprint in India and entered the retail segment with a wide range of products. They plan to further expand to 2500 retail stores across India. Huliot Pipes has focused on the affordable housing sector in the real estate market and has seen success in cities like Ahmedabad, Pune, Ludhiana, Indore, Guwahati, Siliguri, and Chandigarh. They also have premium markets in Mumbai, Delhi, NCR, Hyderabad, and Bengaluru. The company aims to export its products to UAE and SAARC nations in the future. Huliot Pipes has partnered with IPSC to train young plumbers and has a strong team of talent in India. The company is known for its high-quality and reliable products.
CustomersExpand
growth-positive
Tene Fund buys 50% of Huliot from Kibbutz Sde Nehemia
The Tene Fund has acquired 50% of the shares in plastics company Huliot from Kibbutz Sde Nehemia for over NIS 100 million. Huliots annual sales turnover is estimated at over NIS 200 million, and it has customers such as S. Al Group, Mendelson S. Bar, Rafael Advanced Defense Systems, and Teva Pharmaceutical Industries. The Tene Fund will pay NIS 70 million to Kibbutz Sde Nehemia and inject NIS 30 million into the company. Huliot is aiming to increase its exports to overseas markets and has established plants in Slovenia and India. The purpose of the deal is to provide an exit for the members of Kibbutz Sde Nehemia and support Huliots overseas expansion.
Acquisition
growth-positive
https://www.jpost.com/Enviro-Tech/Israeli-firm-brings-green-sewage-pipes-to-European-countries-323046
Israeli plumbing and drainage firm, Huliot, has signed contracts in six European countries to install its environmentally friendly sewage and wastewater pipes. The pipes, made from a unique plastic compound, are recognized as environmentally friendly and have received approval from the Israel Standards Institute. Huliot is also in discussions with large construction companies in Israel for green construction projects. The company expects the pipes to gain momentum in the market and help increase the scope of green building in Israel. The Israeli plastic plumbing industry has an estimated annual turnover of NIS 500 million, with the sewage pipe market accounting for approximately NIS 130 million.
CustomersPartners
