Company Overview
Snapshot
Founded in January 2006, Habonim Industrial Valves & Actuators operates with 51–200 employees. The company was acquired by ITT in April 2022, marking a significant milestone in its corporate trajectory.
Business overview
Habonim Industrial Valves & Actuators specializes in supplying a comprehensive range of three-piece and flanged ball valves, alongside tailor-made solutions for its clientele. The company's products are engineered to adhere to stringent regulations and perform under extreme temperatures and high pressures. Through continuous research, development, and technological advancements, Habonim aims to lead in the process industry, offering standard valves and actuators as well as complex, custom-designed package solutions for sectors including LNG, petrochemical, chemical, and pharmaceutical.
Strategic signal
The acquisition of Habonim by ITT in April 2022 signals a strategic consolidation within the industrial valves and actuators market. This move by a major industry player like ITT validates Habonim's technological capabilities and market position, indicating a potential for expanded reach and integration into broader industrial solutions. For investors, this highlights the value of specialized industrial technology providers in critical infrastructure sectors.
Company Intelligence Q&A
- When was Habonim Industrial Valves & Actuators founded?
- Habonim Industrial Valves & Actuators was founded in January 2006.
- What is the primary business of Habonim Industrial Valves & Actuators?
- Habonim Industrial Valves & Actuators supplies a wide range of three-piece and flanged ball valves and pneumatic actuators, along with custom solutions for various industrial applications.
- Which company acquired Habonim Industrial Valves & Actuators?
- Habonim Industrial Valves & Actuators was acquired by ITT in April 2022.
- What industries does Habonim Industrial Valves & Actuators serve?
- Habonim Industrial Valves & Actuators serves critical applications in the natural gas, biotechnology, pharmaceutical, and oil and gas industries, among others.
- Did Habonim Industrial Valves & Actuators receive any prior investment before its acquisition by ITT?
- In September 2019, Habonim Industrial Valves & Actuators was acquired by Tene Investment Funds.