Maaborot Products: A look back

Milk Substitutes

Founded in 1963. Established in order to produce milk substitutes for calves in partnership with Teva Pharmaceuticals under the name ‘Asia Maabarot’ (which was renamed to “Halavit”).

Pet Nutrition

Put itself firmly on the pet nutrition map with Biopet and today’s now widely renowned dog food brand ‘Bonzo’; THE healthy dry dog food in Israel.

Established Materna Industries

Built an innovative facility designed to utilize ‘spray-drying’ technology for the production of next-generation baby formulas and powders for the food industry under the leading brand name ‘Materna’.

IPO

1993: Listed on the Tel Aviv Stock Exchange

Nutritional Supplements

Entered vitamin, mineral and nutritional supplement market. Purchased Altman and Ta’am Teva companies. Merged both companies into Ta’am-Teva Altman. The company is now known as Altman Health of which Maaborot Products holds an 80% stake.

Acquired Anlit

the group acquired Anlit, manufacturer of advanced nutritional supplements and vitamins for children.

Acquired Shiff & Ribowsky

Biopet acquired Shiff & Ribowsky, a manufacturer, importer and marketer of pet products.

Partnership with Nestle

Sold 51 % of Materna to Osem-Nestle and established a cooperative venture between the two companies called ‘Materna Industries’.

Biopet acquired Kuzey Pet

Acquired 70% of Kuzey Pet, an importer, marketer and distributer of Nestle pet nutrition to Istanbul and Anatalya.

Acquired Laboratoria Natury

Acquired a company dedicated to developing and manufacturing VMS in Poland

investment in Algaia

As part of Maabarot’s evolution in the VMS market, Maabarot expanded its presence to the natural marine seaweed ingredient market through an investment in Algaia (40% stake), a French based Algae company.

Exercised an option to sell stake in Materna

Maabarot exercised an option to sell its remaining 49% stake in Materna to Osem and Nestle.