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Plas-Fit Group, jointly owned 50% by Israeli investment capital Kedma, has acquired 100% of Tavlit Plastic Ltd, based in Yavne, Israel. Tavlit will operate as a subsidiary of Plas-Fit, combining product lines in fittings, pipes, filtration and sprinklers.
“Recently we signed an agreement for the purchase of 100% of Tavlit by the Plas-Fit group, which is jointly owned by 50% with the Israeli investment capital Kedma.”tavlit.co.il
Summarized from public sources; check the original articles before acting on it.