Phoenicia Flat Glass Industries
Specialty Glass Manufacturer
Company Overview
Snapshot
Founded in October 1989, Phoenicia Flat Glass Industries was a specialty glass manufacturer with 11–50 employees. The company was acquired by Or Alum in August 2020, leading to its cessation of operations.
Business overview
Phoenicia Flat Glass Industries specialized in the production of float and low-iron float glass, alongside a diverse range of derived products such as laminated safety glass and solar mirrors. The company also processed and supplied specialized laminated safety glass for the automotive and military industries. Its product lines included low-iron glass for renewable energy and modern furnishings, as well as digitally printed glass, serving B2B and B2G markets globally within the Industrial Technologies sector.
Strategic signal
In May 2020, Phoenicia America-Israel's glass factory ceased operations, signaling a significant downturn for the company prior to its acquisition. This event highlighted operational challenges within the specialty glass manufacturing sector and indicated a strategic shift or consolidation in the market.
Log in to access full profile ›Company Intelligence Q&A
- What was the primary business of Phoenicia Flat Glass Industries?
- Phoenicia Flat Glass Industries was a specialty glass manufacturer, producing float and low-iron float glass, laminated safety glass, and solar mirrors for various industries including automotive and military.
- When was Phoenicia Flat Glass Industries founded?
- Phoenicia Flat Glass Industries was founded in October 1989.
- What was the status of Phoenicia Flat Glass Industries in August 2020?
- In August 2020, Phoenicia Flat Glass Industries was acquired by Or Alum and subsequently ceased to operate.
- What significant operational event occurred in May 2020?
- In May 2020, the Phoenicia America-Israel glass factory shut down, impacting the company's manufacturing capabilities prior to its acquisition.
- What was the nature of the transaction involving Fortissimo Capital?
- In October 2012, Phoenicia Flat Glass Industries was acquired by Fortissimo Capital.