Amiad

Company Overview

Snapshot

Founded in June 1962, Amiad operates with 201–500 employees. The company became public on TASE in August 2021, marking a significant milestone in its growth trajectory.

Business overview

Amiad Water Systems specializes in developing and producing automatic, self-cleaning water treatment and filtration solutions. The company provides green solutions for diverse markets including industrial, municipal, irrigation, oil and gas, and ballast water. Amiad's patented products are integrated into systems for filtration and water treatment, micro-irrigation, membrane protection, wastewater and potable water treatment, cooling systems, and seawater filtration, serving customers in over 80 countries through its subsidiaries and distributor network.

Strategic signal

In March 2022, Amiad reported a 133% increase in net profit for 2021, demonstrating strong financial performance and operational efficiency. This significant profit growth signals robust market demand for its water treatment and filtration solutions and validates its strategic initiatives in the sector.

Company Intelligence Q&A

When did Amiad become a public company on TASE?

Amiad became public on TASE in August 2021.

What was Amiad's financial performance in 2021?

In March 2022, Amiad reported a 133% increase in net profit for 2021.

What was a key product launch by Amiad in 2018?

In May 2018, Amiad launched its new Sigma Series, designed for improved irrigation filtration.

What strategic move did FIMI make regarding Amiad in September 2019?

In September 2019, FIMI increased its stake in Amiad Filtration Systems to 46%.

When was Amiad delisted from AIM?

Amiad was delisted from AIM in August 2021.