Eli Damari
President & CEO
Claimed by owner Ashot Ashkelon
Former names:
Transmission Gearboxes for Aerospace and Defense
Acquired by FIMI Opportunity Funds on Oct, 2021
Ashot Ashkelon
en.globes.co.il
•
Oct 21, 2021
FIMI buys Ashot Ashkelon stake from Elbit Systems for $88m
www.springfieldnewssun.com
•
Oct 29, 2020
Springfield company lands 'first ever' partnership with Israeli firm
en.globes.co.il
•
Mar 11, 2018
Elbit Systems to acquire IMI Systems for NIS 1.8b
aviationweek.com
•
Jun 15, 2016
Hybrid-Electric Propulsion For Rotax
www.globes.co.il
•
Mar 28, 2016
Ashot Ashkelon: Defense industry success story
About
Ashot Ashkelon supplies technologically advanced systems and components for the aerospace, defense, and automotive industries. The company specializes in manufacturing a broad range of gears and shafts for OEM jet engine producers. The shafts are constructed from a variety of materials, including steel, titanium, and nickel-based superalloys.
Ashot has the necessary facilities and equipment to develop, produce, and assemble a myriad of systems, subsystems, and components under one roof. Its manufacturing capabilities include production engineering, machining, gear cutting and finishing, deep-hole drilling and boring, heat treatments, NDT, surface finishing, and quality assurance.
Ashot has the necessary facilities and equipment to develop, produce, and assemble a myriad of systems, subsystems, and components under one roof. Its manufacturing capabilities include production engineering, machining, gear cutting and finishing, deep-hole drilling and boring, heat treatments, NDT, surface finishing, and quality assurance.
Primary Sector
Aerospace & Aviation
Products
-
Geographic markets
Europe, United States, Israel
Funding
Total Funding
Undisclosed
Last Funding
Undisclosed
Funding Stage
Total Rounds
1
Investors
0
News
(5)
en.globes.co.il
•
Oct 21, 2021
FIMI buys Ashot Ashkelon stake from Elbit Systems for $88m
www.springfieldnewssun.com
•
Oct 29, 2020
Springfield company lands 'first ever' partnership with Israeli firm
en.globes.co.il
•
Mar 11, 2018
Elbit Systems to acquire IMI Systems for NIS 1.8b
aviationweek.com
•
Jun 15, 2016
Hybrid-Electric Propulsion For Rotax
www.globes.co.il
•
Mar 28, 2016
Ashot Ashkelon: Defense industry success story
The Team
(6)
ED
YK
Yair Kaufman
CFO
NE
Natali Eliyahu
VP HR
RP
Ron Pirostela
VP Marketing & Business Development and Head of the Aviation Business Unit
AM
Amit Moshe
VP Operations
YH
Yehuda Hadrian
Diretor of Engineering
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Company Lifecycle
Public Offerings & Exits
Initial Public Offering
EXIT
Undisclosed
Jan 1993
Stock Exchange
TASE
Valuation
Undisclosed
Undisclosed
M&A
$6.45B
Mar 2018
Type
Acquisition
Was acquired by
Elbit Systems
$6.45B
M&A
$88M
Oct 2021
Type
Acquisition
Was acquired by
FIMI Opportunity Funds
$88M
Media gallery
(1)
Product
Locations
Israel
Ezra St 1, Ashkelon, Israel
Locations
Israel
Ezra St 1, Ashkelon, Israel
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