Menora Mivtachim Holdings Ltd.

Menora Mivtachim Holdings Ltd., established in 1935, is a prominent Israeli financial services group headquartered in Tel Aviv. The company offers a comprehensive range of insurance products, including life, health, automobile, and property insurance, catering to both individual and corporate clients. In addition to its insurance services, Menora Mivtachim manages substantial assets through its pension funds, provident funds, and other investment vehicles, positioning itself as a significant institutional investor in Israel.

The company's investment portfolio is diverse, encompassing fixed income securities, equities, real estate, infrastructure projects, private equity, and venture capital. Menora Mivtachim has made notable investments in various sectors, including a significant stake in Wix, a leading web development platform, and a partnership with Canadian Solar Inc. to develop solar power projects in Israel. The firm also holds a substantial position in Teva Pharmaceutical Industries Ltd., reflecting its commitment to the healthcare sector. Geographically, Menora Mivtachim's investments span Israel, the United States, and several European countries, including Greece, Italy, the United Kingdom, Germany, France, Spain, the Netherlands, Belgium, Sweden, Norway, Denmark, Finland, Poland, the Czech Republic, Hungary, Romania, Bulgaria, and Turkey. This global presence underscores the company's strategic approach to portfolio diversification and growth opportunities across various markets.

Menora Mivtachim's strategic initiatives include significant acquisitions and partnerships, such as the merger and sale of its investment house operation to Altshuler Shaham Ltd., resulting in a 20% stake in Altshuler Shaham Investment House's mutual funds management company. The company also owns and operates several insurance agencies and real estate properties, further solidifying its position in the Israeli financial landscape. Through its diversified investment strategy and commitment to sustainable growth, Menora Mivtachim Holdings Ltd. continues to be a key player in the global financial services industry.