It is expected that “the public subscription will be held on the Tel Aviv Stock Exchange (TASE) by the Israeli international auto importer (UMI) in the next few days, and the sources close to the” Globes “order have been told. The previous.
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The profits profits are expected to be distributed in the fourth quarter, and the total of half of the revenues of the public subscription will be, which means that the owners will receive profits of about 270 million. Founding investors who invest in public subscription will also get about 10 % of their investments as soon as the profits are distributed (about 67 million New). The case is led by the leader.
UMI exceeds a path similar to that chosen by Rami Levy Real Estate, which is also scheduled to be the public subscription equation and plans to distribute two -thirds NIS 570 million NIS to be raised as distributing profits for the dominant shareholder.
UMI was formed in its current format in 1993 by integrating the import of Eini and Kardan Investments. Kardan sold her stake in 2018 to the Danon family, which imports mechanical engineering equipment through COMSCO. Since then, Onty has doubled three times its evaluation.
UMI is a very profitable company, although profit corrosion in recent years. In 2024, revenues increased by 32 % to 4.6 billion NIS, although the net profit remained unchanged at 300 million New. In the first half of 2025, the net profit decreased by 16 % to 131 million.
It was published by Globes, Israel Business News – En.globles.co.il – on September 17, 2025.
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