Facebook share Share on TwitterRSS feed

Innovative Minds © 2014. All Rights Reserved. www.inminds.co.uk

[Boycott - Israel Supporters]

Comment:
"Ahava develops, produces and markets cosmetics based on the Dead Sea mud and minerals.. The company has 200 employees, of whom 180 work in Israel. Its production is at the Dead Sea.."

The Dead Sea lies between Jordan and the West Bank - the land is internationally recognised as occupied Palestinian land - Ahava's presence there is illegal under international law, any commerce or business that profits from this land is similarly illegal.

 

From Israel with Ahava


Efrat Neuman
31 January 2007

The window of opportunity for Israeli companies to float in London has been swinging shut. British investors are turning pickier, and the fact that a lot of the Israeli companies listed on the AIM are losing money hasn't done the reputation of the Israeli pack much good.


London has become quite the venue for Israeli real estate companies, some of which raised hundreds of millions of dollars. Companies from other sectors are hoping to receive a warm welcome in the chilly island too.

One such is the Ahava cosmetics company. It's just started examining its possibilities, but it's thinking of offering itself to the U.K. public by year-end, on the AIM market.

Ahava is owned by Kibbutz Mitzpe Shalem (41%), Hamashbir Holdings (which is owned by Benny Gaon's Gaon Holdings and the Livnat family, 41%), and the kibbutz Kalya and Ein Gedi (18%).

Founded in 1988, Ahava develops, produces and markets cosmetics based on the Dead Sea mud and minerals. Its products are not tested on animals.

Three and a half years ago Hamashbir Holdings was about to sell its holdings in Ahava to a group of American investors Tadiran a company value of $21 million, but the deal never came off. Presumably it's aiming for a higher valuation now.

If the AIM offering comes off, Ahava would be the second kibbutz company on the AIM. In December 2005, Amiad Filtering Systems, owned by Kibbutz Amiad, hit the London market. There too one of its shareholders was Gaon Holdings, via Gaon Agro. A few months after Amiad's IPO, Gaon Agro sold its holdings in the company for NIS 42 million.

Ahava is profitable. Most of its income derives from export, hence the logic of floating its stock outside Israel. The company has 200 employees, of whom 180 work in Israel. Its production is at the Dead Sea and the management is in Holon.

In the last year, however, the window of opportunity for Israeli companies to float in London has been swinging shut. British investors are turning pickier, and the fact that a lot of the Israeli companies listed on the AIM are losing money hasn't done the reputation of the Israeli pack much good. Ahava must show that it has a record of good management and profits, not just a pretty face.


Source: http://www.haaretz.com/hasen/spages/819910.html Source Snapshot


Also Of Interest

Page URL: http://inminds.co.uk/article.php?id=10056
Support Us
If you agree with our work then please support us.

Give one time donation:

Setup monthly donation:
INMINDS Facebook Live Feed
Latest Video's
Latest News..
[all-by date]
[all-by category]
[all-by modify date]
INMINDS Twitter Feed
Boycott Israel Campaign
Featured Video's
You need Flash player 8+ and JavaScript enabled to view this video.
Why boycott Israel on Campus[1:50:05]
12 London universities discuss need for BDS on campuses. Speakers include Rafeef Ziadeh, Ilan Pappe, Karma Nabulsi & Mike Cushman
Love Letters to Gaza[31:08]
A unique theatrical event using personal messages of love, support and hope from people of all ages and all walks of life to the people of Gaza.
John Pilger[7:55]
journalist and documentary maker
Antiwar Mass Assembly 8 Oct 2011
Julian Assange[7:07]
founder of WikiLeaks
Antiwar Mass Assembly 8 Oct 2011
Lauren Booth, Sami Ramadani & Yvonne Ridley[6:28]
Reading the names of the dead
Antiwar Mass Assembly 8 Oct 2011
George Galloway[6:39]
Antiwar Mass Assembly 8 Oct 2011
Jemima Khan[8:42]
Antiwar Mass Assembly 8 Oct 2011
Why Boycott Marks & Spencer 2011?[23:29]
Demo outside M&S Oxford Street(24 Sept 2011)
Sean Clinton[4:59]
Israeli Blood Diamonds Campaign
Al Quds Day rally, Trafalgar Square (31 Aug 2011)
Lauren Booth[5:24]
Al Quds Day rally, Trafalgar Square (31 Aug 2011)
Lauren Booth - Prayer for Gaza[2:46]
Al Quds Day rally, Trafalgar Square (31 Aug 2011)
Benny Morris - Historian or Racist?[34:07]
Activists oppose visit of racist Israeli historian Benny Morris who justifies ethnic cleansing and genocide.
Is Israel applying apartheid?[2:12:56]
Speakers: Yael Kahn, Jody McIntyre and Ghada Karmi (5 May 2011)
Karen Mitchell[48:27]
Partner at Thompsons Solicitors
Life changing visit to Palestine in 2008 (21 Feb 2011)
Ramzy Baroud[1:59:32]
Editor-in-chief of the Palestine Chronicle
"My Father Was A Freedom Fighter - Gaza's Untold Story" (25 Mar 2011)
Women United in the Intifada[2:31:36]
Speakers: Lizzie Cocker, Ewa Jasiewcz, Alaa Kassim, Yvonney Ridley, Isis Amlak, Sukant Chandan, Ramzy Baroud (14 Mar 2011)
George Galloway[1:01:48]
Solidarity with the Middle-East Revolution, support the people - oppose US/UK intervention (SOAS, 11 Mar 2011)
Omar Barghouti[55:08]
BDS Movement co-founder
"Boycott, Divestment, Sanctions" book launch (7 Mar 2011)
Shir Hever[1:49:09]
Alternative Information Centre
The Political Economy of Israel's Occupation, Kings College London (17 Feb 2011)
Why academic boycott of Israel[1:29:37]
Speakers: Mohammed Abuabdou(PSCABI), Mike Cushman(BRICUP), Jodey McIntyre(activist) (8 Feb 2011)
Dashed Hopes - Gaza Blockade[1:23:08]
Mohammed-Ali Abu Najela (Oxfam), Andrea Becker (MAP), Ewa Jasiewicz (Free Gaza Movement) (1 Feb 2011)
Jordan Valley: Apartheid[1:17:12]
Sarah Cobham(Brighton Jordan Valley Solidarity), Chris Osmond (Corporate Watch) (House of Commons, 1 Feb 2011)
Dump Veolia Demo[7:00]
Protesting at settlement supporter Veolia's sponsership of exhibit at the Natural History Museum (23 Oct 2010)
Boycott Israeli Dates [1/2][9:11]
Are you financing Israels brutal occupation this Ramadan?
Boycott Israeli Dates [2/2][9:05]
Are you financing Israels brutal occupation this Ramadan?
Lee Jasper [1/2][10:13]
[4 of 8] Genocide Memorial Day 2010 Session One, 17-1-2010
Lee Jasper [2/2][9:51]
[5 of 8] Genocide Memorial Day 2010 Session One, 17-1-2010
One Oppressor One Bullet[8:11]
Imam Achmad Cassiem, veteran of the armed struggle against apartheid in South Africa, speaks at the StW rally (London, 19 Feb 2005)
Salwa Alenat [1/2][9:56]
KavLaOved (Workers Rights hotline)
[1 of 8] Israel's Occupation - Abuse of Palestinian Workers (LSE 19 Nov 2009)
Salwa Alenat [2/2][8:57]
KavLaOved (Workers Rights hotline)
[2 of 8] Israel's Occupation - Abuse of Palestinian Workers (LSE 19 Nov 2009)
For Anwar [1of2][10:01]
Carmel Agrexco Valentines Action 7 Feb 2009
For Anwar [2of2][9:56]
Carmel Agrexco Valentines Action 7 Feb 2009
big
[all videos (over 200)..]
Special Additions

Featured MP3 Podcast

"Its a joy for me to see so many young people that have picked up that flag - I see in front of me waving, a flag of the resistance movement in Lebanon - Hizbullah, led by Sayyid Hassan Nasrallah - Nasrallah Habib Allah - who showed that it is possible to defeat this terrorist enemy if you have the courage to stand up and confront them!"
Member of Parliament (Respect Party)
Al Quds Day 2006, London [11min / 5Mb]
[need flash]

[all podcasts..]
Newsletter
To subscribe
enter your email:

COPY VERIFICATION CODEcopy this code —>
Feedback
If you wish to comment on this page:

(all fields optional)



COPY VERIFICATION CODEcopy this code —>
The opinions expressed on this site, unless otherwise stated, are those of the authors.
All logos & trademarks are the property of their respective owners and their use is covered under 'fair use' policy.
Copyright © 1998-2012 Innovative Minds www.inminds.com All Rights Reserved.
The opinions expressed on this site, unless otherwise stated, are those of the authors.
All logos & trademarks are the property of their respective owners and their use is covered under 'fair use' policy.
Copyright © 1998-2012 Innovative Minds www.inminds.com All Rights Reserved.