Albaad

Company Overview

Snapshot

Founded in January 1985, Albaad operates with 201–500 employees and has raised $15 million across two funding rounds. The company went public on TASE in January 1994, marking a significant milestone in its growth trajectory.

Business overview

Albaad specializes in the production of wet wipes and hygiene products, offering a diverse range of wet wipes and feminine hygiene solutions. The company manufactures these products across various international sites, primarily supplying clients in Europe. Albaad also produces non-woven fabric for its wet wipes, including plant-based, plastic-free options, 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 among Israel's 150 most trusted companies. This recognition highlights the company's strong reputation and market confidence, signaling to investors its established position and reliability within the hygiene product manufacturing industry.

Company Intelligence Q&A

When did Albaad become a publicly traded company?

Albaad became a publicly traded company on TASE in January 1994.

What was Albaad's most recent funding activity?

In December 2022, Albaad received PIPE funding from Excellence Nessuah Investment House.

Which company did Albaad acquire in May 2021?

Albaad acquired the Spanish wet wipes company Optimal Care in May 2021.

What was a key legal victory for Albaad in 2020?

In January 2020, Albaad won a patent challenge in a US court related to tampons, affirming its intellectual property in the market.

What expansion did Albaad USA undertake in North Carolina?

In April 2018, Albaad USA expanded its manufacturing plant in Reidsville, North Carolina.