The Israel Corporation Company Description
Holding company Israel Corporation owns stakes in specialty chemicals, shipping, and technology firms. It has grown by buying into state-owned companies as the Israeli government privatizes them; it owns slightly more than half of fertilizer maker Israel Chemicals, and around 27% of wafer manufacturer Tower Semiconductor , and almost all of Zim Integrated Shipping, one of the world's largest shipping and transportation companies. The Israeli government founded The Israel Corporation in 1968 to raise funds for state-owned businesses from Jewish investors worldwide. Investment holding giant The Ofer Group owns about 55% of the company, while Bank Leumi le-Israel owns around 20%.
View the Comprehensive Company Description for The Israel Corporation
The Company Description provides a historical perspective of The Israel Corporation'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 The Israel Corporation's evolution in the marketplace.
