Story perspectives

Prodalim Group Targets NIS 2.5 Billion IPO in Tel Aviv

2/12/2026

Summary

Story summary

Prodalim Group, whose major shareholder Israel Corporation invested USD 116 million last year, plans a Tel Aviv Stock Exchange flotation valuing the company at NIS 2-2.5 billion.
Founded in 1991, Prodalim specializes in natural plant-based ingredients.
In 2025, revenue was USD 341 million.
Prodalim will use proceeds for daily operations, product development, and acquisitions.
Tsahi Barak, CEO of Prodalim Group, will have compensation updated after flotation.

1 of 1

Story summary

Prodalim Group, whose major shareholder Israel Corporation invested USD 116 million last year, plans a Tel Aviv Stock Exchange flotation valuing the company at NIS 2-2.5 billion.
Founded in 1991, Prodalim specializes in natural plant-based ingredients.
In 2025, revenue was USD 341 million.
Prodalim will use proceeds for daily operations, product development, and acquisitions.
Tsahi Barak, CEO of Prodalim Group, will have compensation updated after flotation.