The Lidorr family, owners of the Lidorr group, put the group’s businesses up for sale for $300-350 million (about 1 billion shekels), according to Globus sources. As far as is known, Rothschild & Co. is handling the sale, and the assets are being offered to well-known investment organizations in Israel and abroad.
The Lidorr Group is a group of private companies founded in 190 by the late Zvi Lidor under the name Lidorr Chemicals, now Elements of Lidorr. According to its website, it is “one of Israel’s leading experts in materials, products and technologies for industrial production, plant protection and animal health”.
The family group is led by joint CEOs Ami Lidor and Vered Lidor-Mary. Its main crop protection business is managed by Ramat Hasharon-based Lidorr Elements, which represents multinational and local companies led by Germany’s Bayer.
Lidorr Elements supplies a range of pest, disease and weed control products as well as fertilizer solutions. The company also supplies biological solutions for pest control. It has a team of agronomists serving thousands of farmers in Israel.
Lidorr Elements is also active in animal health and imports into Israel medicines and veterinary products from Elanco, which is part of Bayer Animal Health. Other activities of the company include care and nutrition, chemicals and polymers.
Posted by Globes, Israel Business News – en.globes.co.il – September 13, 2022.
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