Clal Industries Company Description
Clal Industries & Investments (CII) is a conglomerate that divides its investments into three distinct segments: core industrial holdings, venture capital, and biotechnology. The company's industrial holdings include American Israeli Paper Mills and ECI Telecom as well as the funds operated by Millennium Materials Technologies, which specializes in high-tech materials manufacturers. Its venture capital segment invests in high-tech Israeli companies. CII was founded in Miami in 1962 by Israeli and South American investors. It is controlled by IDB Holding, one of Israel's top holding companies, which has a 62% stake.
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The Company Description provides a historical perspective of Clal Industries's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Clal Industries's evolution in the marketplace.
