Personal fairness agency FIMI Alternative Funds, headed by Ishay Davidi, has offered 33% of the shares in healthcare firm Simplivia to The Phoenix Holdings Ltd. (TASE: PHOE1;PHOE5) and Leumi Companions, in equal shares, for $47 million, at an organization valuation of $140 million.
FIMI purchased the enterprise from Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) and arrange Simplivia in 2019 at an funding of $47.5 million. Together with the present deal, FIMI has made a return of $67 million on its funding. It is going to proceed to carry 65% of the corporate.
Simplivia produces tools that protects hospital medical workers from publicity to harmful supplies whereas treating oncology sufferers. Its manufacturing facility is in Kiryat Shemona and its head workplace is in Hod Hasharon. It employs about 200 individuals.
Printed by Globes, Israel enterprise information – en.globes.co.il – on October 22, 2020
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