Type | Public |
---|---|
Nasdaq: TATT TASE: TATTF | |
Industry | Diversified technology |
Founded | 1969 |
Founder | Shlomo Ostersetzer |
Headquarters | , |
Key people | Itsik Maaravi (CEO and Pres.) |
Products | Heat exchangers Cold plates Cooling systems Flow control valves |
Revenue | US$ 79.76 million (2010) |
US$ –6.60 million (2010) | |
US$ –7.39 million (2010) | |
Parent | KMN Holdings |
Website | www |
Footnotes /references [1] |
TAT Technologies is a publicly traded Israeli company, headquartered in Gedera, Israel, that provides environmental control products and services for the commercial and military aviation industries. Its shares are traded on the NASDAQ Capital Market and on the Tel Aviv Stock Exchange.[ citation needed ]
TAT Technologies is a manufacturer of environmental control systems for the commercial and military aviation industries.[ citation needed ] The systems it provides include heat exchangers and cooling systems, essential for the operation of aircraft machinery and electronics, as well as air conditioners for use in military installations and in armored vehicles. [2] [3] [4] TAT's clients have included the United States Army, Boeing, Lockheed Martin, Cirrus Aircraft, and Embraer. [5] [6] [7] [8] The company's competitors include AMETEK, Honeywell International and Hamilton Sundstrand. [9]
TAT Technologies was founded in 1969 by Shlomo Ostersetzer in response to a French arms embargo on combatants in the Six-Day War – an embargo that primarily affected Israel.[ citation needed ] The company was established with the goal of replacing the French aviation industry, upon which Israel had relied extensively until that time. [12] [13] [14] [15] [16] [17] TAT has been listed on the NASDAQ American stock exchange since 1987 and joined the Tel Aviv Stock Exchange in 2005. [18] In 2007 the ownership of TAT was acquired from Ostersetzer and partner Dov Zeelim by Isal, a subsidiary of KMN Holdings, controlled by Roni Elroy, son-in-law of Yitzhak Tshuva. [19]
Company | Year | Price | Reference |
---|---|---|---|
Limco | 1993 | ||
Piedmont | 2005 | $15 million | Acquired via Limco [21] [22] |
Bental | 2008 | ||
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ת.א.ת מייעדת כרגע את מחליפי החום פרי פיתוחה אך ורק לכלי תעופה, ובכל כלי תעופה יש מספר מערכות מכניות ואלקטרוניות, ולכן בכל כלי תעופה יש מספר מחליפי חום, וכל אחד שונה מהשני מכיוון שהוא משרת מערכת אחרת.
The company's product line includes heat exchangers, cooling systems, cold plates, air conditioning systems, and fuel systems.
החברה אגב הוקמה על-ידי שלמה אוסטרזצר בסוף שנות ה-60', בתגובה לאמברגו הצרפתי על ישראל.
החברה הוקמה ב-1969 על רקע החרם הצרפתי על ישראל, והיא נועדה להחליף את התעשייה הצרפתית בכל הקשור לתעופה.
קבוצת ת.א.ת, הנסחרת בבורסת נאסד"ק ובתל אביב במקביל, נמצאת בשליטת קבוצת קמן של רוני אלרואי, חתנו של יצחק תשובה. לפני כחודש וחצי רכשה קמן באמצעות החברה הבת ישאל, כ-54% מהון מניותיה של ת.א.ת תעשיות מידי שלמה אוסטרזצר ושותפו דב צאלים, תמורת כ-105.2 מיליון שקל.
Accordingly, as of today, the TAT Group holds 52% of the outstanding shares of Bental and has the right to increase its controlling interest to 70%.