Building long-term global value through focused, active ownership
We invest in leading companies and work alongside management to strengthen performance, sharpen strategy, and drive sustainable growth.
Our portfolio
ICL Group
Specialty Minerals and Chemicals Held since 1999 · ILCO ownership: ~44%
A leading global specialty minerals and chemicals company providing essential solutions to the agriculture, food, and industrial markets. ICL leverages unique natural resource assets, global production capabilities, and decades of R&D to support food security, industrial applications, and the transition to a more sustainable economy.
AKVA Group
(OB: AKVA)
Aquaculture Technology and Services Held since November 2021 · ILCO ownership: ~18%
A leading Norwegian provider of aquaculture technology and services, with over 50 years of industry experience. AKVA serves the global salmon farming sector with end-to-end solutions. ILCO’s aquaculture exposure also includes a ~9% holding in Nordic Aqua Partners (OB: NOAP), a land-based salmon farming company operating a RAS facility in China.
Prodalim Group
Natural Ingredient Solutions Held since March 2025 · ILCO ownership: ~23.3
A global producer of natural ingredients for the beverage, flavor, and functional food industries. Prodalim creates concentrates, flavors, fragrances, compounds, and beverage bases for major international brands, while developing innovative de-alcoholization solutions for the growing non-alcoholic beverage market.
Our investment strategy focuses on building long-term value through disciplined capital allocation and active ownership. We invest in established businesses with strong fundamentals and clear competitive positions, and work alongside management teams to support performance and strategic development over time. We maintain a flexible, sector-agnostic approach, concentrating primarily on opportunities in Israel and Europe.
How we create value?
01
Our Experienced team
Decades of experience across public & private markets, M&A, corporate strategy, and operational leadership, supporting long-term growth and value creation across diverse industries.
02
Global Reach
Partnering with portfolio companies operating globaly, with broad international exposure across industries, markets, and global growth opportunities.
03
Access to the Israeli Innovation Ecosystem
Strong connections to Israel’s technology, entrepreneurship, and talent networks, creating opportunities for strategic partnerships, innovation, and long-term growth.
Israel Corp is a public investment company focused on building long-term value through active ownership. We invest in established businesses with strong market positions and work with partners and management teams to enhance performance, shape strategy, and support sustainable growth. Our approach combines financial discipline with value-add engagement, allowing us to drive value beyond capital allocation alone.
(As of 31/12/2025)
(As of 31/12/2025)
Investor Center
To Investor Relation
TASE: ILCO
Stock price
93,370
Percentage change:
+0.05%
Market cap:
7,066,997 NIS
Trade volume in NIS:
606,268 NIS
Updated on: 12:55 19/05/2026
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Merav Gattegno
Director of Finance
Merav joined Israel Corp. in 2012 and has served as Director of Finance since 2016, after serving as Assistant to the Director of Finance for the first three years. Before joining Israel Corp., Merav served as an audit team member at KPMG Somekh Chaikin. Merav holds a BA in Business Administration (major in Accounting) from the College of Management Academic Studies and is qualified as CPA (Isr.).
Shay Ohayon
Controller
Shay joined Israel Corp. in 2011 and was appointed as Financial Controller in 2016. Before joining Israel Corp., Shay served as an Audit Senior in KPMG Israel. Shay holds an MBA (Finance) and a B.A. in Finance and Accounting, both from The College of Management Academic Studies, and is qualified as CPA (Isr.).
Idan Hizki
Vice President Business Development & Investor Relations
Idan joined Israel Corp. in 2015 and serves as Vice President, Business Development and Investor Relations, Idan also serves as a director of Prodalim (TASE:PRDM) . Prior to joining Israel Corp., Idan served as a senior manager in PwC Corporate Finance team in Israel. Idan holds a BA in Business Management (major in Finance, Magna cum laude) from the Interdisciplinary Center in Herzliya.
Maya Alcheh-Kaplan
Executive Vice President & General Counsel
Maya joined Israel Corp. in 2010 and serves as Executive Vice President and the General Counsel. Maya previously served as a director of Bazan Group (TASE: ORL) and chairwoman of the Bazan Group board innovation committee. Prior to joining Israel Corp., Maya was a partner at Herzog, Fox & Neeman law firm. Maya was also a foreign associate with Paul, Weiss, Rifkind, Wharton & Garrison in New York. Maya holds an LLB (cum laude) from the Hebrew University of Jerusalem. Maya has successfully completed the Advanced Management Program at Harvard Business School, Boston.
Sagi Kabla
Chief Financial Officer
Sagi was appointed as CFO of Israel Corp. in December 2015, and serves as a director of ICL (TASE: ICL, NYSE: ICL). He previously served as senior director of business development, strategy and IR in Israel Corp and as a director in Bazan Group (TASE: ORL). Prior to joining Israel Corp., he held various management roles in KPMG Corporate Finance. Sagi holds an MBA (Finance) from COMAS, a B.A. in Economics and Accounting from Bar-Ilan University, and is qualified as CPA (Isr.).
Yoav Doppelt
Chief Executive Officer
Yoav was appointed as the CEO of Israel Corp. (TASE: ILCO) in July 2019. Yoav was also appointed as the Executive Chairman of ICL (TASE: ICL, NYSE: ICL) in July 2019. Yoav previously served as CEO of Kenon Holdings Ltd., a global company (NYSE: KEN), and Executive Chairman of IC Power Ltd., a power generation company, from March 2014 to September 2017. Prior thereto, Yoav was the founder and CEO of the Ofer Group’s private equity fund where he was involved in numerous investments in the private equity and technology sectors. He has been the Chief Executive Officer of XT Investments (formerly known as XT Capital and Ofer Hi-Tech) since 2001. He has actively led several public offerings of equity and debt offerings in the US and Europe, and he has extensive operational and global business experience with growth companies. Yoav also served as Chairman of OPC Energy Ltd. (TASE: OPC) as well as a director of Zim Integrated Shipping Services Ltd. Yoav holds a BA in Economics and Management from the Technion (Israel Institute of Technology), and an MBA from Haifa University.
Nira Dror
External Director since October 2025
Ms. Dror has served as a board member since October 2025. Ms. Dror has served as a director in dozens of public companies, including Bank Hapoalim, Amot Investments, Dikla Insurance Company, and others. Currently, Ms. Dror serves as an external or independent director at Bazan Group (Oil Refineries), Meshak Energy, Shlomo Insurance, and Shlomo Holdings. Previously, Ms. Dror managed British Airways in Israel, British Airways in Eastern Europe and the Eastern Mediterranean, and El Al in North America. Ms. Dror is a member of the Board of Trustees at Tel-Hai College, a member of the Audit Committee of the Israel Cancer Association, and a mentor in the W2W program for young women managers. Ms. Dror holds a Bachelor’s degree in Economics and a Master’s degree in Business Administration from Tel Aviv University, and is a graduate of the Insurance Institute.
Ruth Solomon
Independent Director since 2022
Mrs. Ruth Solomon serves as an independent director of FIBI Holdings Ltd. She served previously nine years as Chief Financial Officer (CFO) and VP Risk Management (CRO) at public companies, including seven years as CFO at Paz Oil Company Ltd. She served as director of several subsidiary companies at Paz Group, including Ashdod Refinery Ltd., Pazgas Ltd., Paz Oils & Chemicals Ltd., Pazkar Ltd., Aviation Services Ltd., Pazomat Ltd., and more. Prior to that, she served about thirteen years as Chief Accountant and Deputy CFO at Paz Oil Company, and about seven years in a number of accounting positions at KPMG. Ruth is a Certified Public Accountant in Israel (CPA), and holds a BA in Economics and Accounting from The University of Haifa.
Victor Shohet
Independent Director since 2020
Victor is the founder of Castle Crescent Financial Solutions in London. Castle Crescent provides debt and equity advisory and structuring, capital raising for projects, and start-up support with a focus on Europe and Israel. Victor has more than 20 years of experience in Structured Finance. Prior to founding Castle Crescent, he was a Managing Director at Deutsche Bank (DB) for 18 years holding different roles. Joining DB in 2000 in the Israel office, Victor was responsible for establishing the bank’s capital markets coverage in the country and offering DB’s platform to Israeli institutional and corporate clients. In 2007, Victor moved to DB London to assume the role of Head of LatAm and CEEMEA structured asset distribution. In 2010, he assumed responsibility as head of Specialised Credit Origination in Europe. Prior to DB, Victor was Deputy CEO at Ofek Securities (today’s Psagot) in Israel and Head of Company and Macro Research. Victor has a master’s degree in economics from Tel Aviv University.
Tali Bellish Michaud
Independent Director since 2019
Tali Bellish Michaud joined the Israel Corp. Board in September 2019. She was previously a director of several companies, including IAI (Israeli Aerospace Industries), Ayalon Insurance Company, Blue Square Real Estate Ltd., and Danel Human Resource. Tali’s main work experience is in the areas of risk management, actuarial science, and finance. She currently works as a consultant and has previously held the following positions: Partner at PwC (Manager of Risk Management and Actuarial Services advisory group), VP at Clal Insurance, Chief Risk Officer, and a number of actuarial positions in insurance and pension funds. She received a BSc in Statistics and Actuarial Science from Witwatersrand University in Johannesburg and an MBA from the University of Tel Aviv. She is also a fellow of the British Institute of Actuaries (FIA) as well as a Fellow of the Israeli Association of Actuaries (FILAA).
Yair Caspi
Director since 2019
Mr. Yair Caspi served for 20 years (1998 to 2018) at the commercial law firm of Caspi & Co. In that period, he was managing partner of the firm as well as senior partner dealing with the practice areas of mergers and acquisitions, banking and finance. In addition, he handled privatization processes, creditor arrangements, and market reforms. He represented various public corporations, including holding companies, banks, and financial institutions. Mr. Caspi holds an LLB in Law and a BA in Business Administration from the Interdisciplinary Center Herzliya and an International Executive MBA from Northwestern University and Tel Aviv University.
Amnon Lion
Director since 1999
Mr. Amnon Lion serves as a director of Aria (Madym) Ltd., Zim Integrated Shipping Services Ltd., the London Steam-Ship Owners Mutual Insurance Association Ltd., and several private “Ofer Group” companies. He is involved in a number of charitable organizations including the Keshet Eilon Foundation and KKL Charitable Trust.
Aviad Kaufman
Chairman since 2016
Mr. Aviad Kaufman serves as the chairman of the board of Israel Corp since 2016. Mr. Kaufman is currently the CEO of One Globe Business Advisory Ltd. Until July 2021, he served as the CEO of Quantum Pacific (UK) LLP. Prior to joining Quantum Pacific in 2008 as CFO, he held a number of senior corporate finance positions at Amdocs (NYSE: DOX), and prior thereto, served in a number of consultancy positions at KPMG. Mr. Kaufman is a Certified Public Accountant in Israel, and holds a BA in Accounting and Economics from The Hebrew University of Jerusalem (with distinction), and an MBA in Finance from Tel Aviv University.