Tel-Aviv, January 19, 2015 – Tene Investment Funds II, an Israeli PE fund, led the sale of 100% of the shares of SCR to the Allfex Group at a valuation of $250 million (EV). Tene held a controlling stake in the company, along with the company founders.
Originally designed and installed over 3 years ago, the ADSS (All Dielectric Self-Supporting) fiberoptic cable connecting the below-sea-level lower portion of the Massada site to the upper portion has an un-supported span of 910 meters.
Blue I's advanced water technology wins exclusive Beijing 2008 Olympic pools contract. All Olympic pools' water quality will be monitored by Blue I's controllers.
Hanita Coatings, a leading converter of polyester films, recently announced the appointment of Oved Shapira as Managing Director, replacing Sason Fluxman, who is now CEO of automotive parts manufacturer Fishman Ltd.
Oved Shapira, 41, gained rich managerial experience during 7 years at Frutarom, one of the leading global companies in the field of flavors and specialty ingredients.