Kafrit Group

Company Overview

Snapshot

Founded in February 1993, Kafrit Group operates with 11–50 employees. The company became public on TASE in January 2002, marking a significant milestone in its growth trajectory.

Business overview

Kafrit Group specializes in advanced technologies for plastics, offering a diverse range of masterbatches and compounds. Its product portfolio includes additives for slip, foaming agents, antistatic masterbatches, processing aids, antiblock solutions, coloring additives, flame retardants, and specialized UV and infrared additives for applications like greenhouses. The company serves various industries requiring sophisticated plastic materials, focusing on enhancing product performance and functionality.

Strategic signal

In October 2023, Kafrit Industries faced a significant operational challenge when three employees, including a Director and VP of Business Development, were killed in a Hamas attack, leading to a temporary pause in production at its Kfar Aza factory. This event highlights the geopolitical risks that can impact manufacturing operations and supply chains, signaling to investors the importance of assessing regional stability and operational resilience in their portfolio companies.

Company Intelligence Q&A

What was a significant operational challenge faced by Kafrit Industries in October 2023?

In October 2023, Kafrit Industries reported that three of its employees, including Director Aviv Kotz and VP of Business Development Nadav Goldstein, were killed in a Hamas attack on Israel. This led to a temporary pause in production at its Kfar Aza factory, though other factories in Europe, North America, and China continued operations without disruption.

When did Kafrit Group become a publicly traded company?

Kafrit Group became public on the Tel Aviv Stock Exchange (TASE) in January 2002.

What was a key acquisition made by Kafrit Industries in 2018?

In April 2018, Kafrit Industries signed an amended memorandum of understanding for the acquisition of a US company in the plastics industry for $36 million. The deal was expected to be completed by the end of June 2018.

What types of products does Kafrit Group offer?

Kafrit Group offers a variety of masterbatches and compounds for plastics, including additives for slip, foaming agents, antistatic masterbatches, processing aids, antiblock, solid and liquid coloring additives, flame-retardant masterbatches and compounds, even-light diffusion, infrared additives, and UV additives.

What is the primary sector of Kafrit Group?

Kafrit Group's primary sector is Industrial Technologies, with a focus on Material Innovations & Applications within the plastics industry.