Arison Investments

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Arison Investments
Company typeHolding company
Founded1991
FounderTed Arison
OwnerShari Arison
Website arisoninvestments.com

Arison InvestmentsLtd., the business arm of the Arison Group, is an international holding company owned by Shari Arison. The company's portfolio includes food tech, healthcare, mobility, education, real estate, AI/robotics, and circular economy.

Contents

History

Arison Investments is led by Shari Arison [1] [2] since 1999. It was established in 1991 by Ted Arison, founder of Carnival Cruise Lines.

Until 2018, the company was the major shareholder and owner of some of the pillars of the Israeli economy, including Bank Hapoalom, Shikun & Binui, and Salt of the Earth, which were sold in a series of acquisitions in 2018 and 2019. [3] [4] [5]

As of 2022, Arison Investments holds 5.62% of Bank Hapoalim shares, [6] and its diversified impact investments are realized across asset classes, from traditional equities to innovative companies. Its strategy is aligned with broader social and environmental goals, with sustainable impact investing in Food Tech, Healthcare, Mobility, Education, Real Estate, AI/Robotics, and Circular Economy. [7]

Mergers and Acquisitions

In 1991, Arison Investments acquired Orlev and Orbond, a gypsum walls company. [8]

In 1993, Arison Investments bought Nirlat. [9]

In 1994, the company acquired LR Electronics and Oryam Construction.

In 1995, Arison Investments acquired shares in Bank Hapoalim [10] and in Eurocom Mobile.

In 1996, Arison Investments acquired the infrastructure and real estate conglomerate Shikun & Binui, and sold Orlev.

In 1997, Arison investments acquired Eurocom Communications [11] and Mirabilis. That same year, the controlling interest of Bank Hapoalim was sold to the Arison-Dankner Group and other partners. [12]

In 1998, the company bought Bio Medical Instruments, and sold Orband, Nirlat, Oryam, and Mirabilis. [13]

In 2004, Shari Arison launched the Shari Arison Family Office (SAFO) in Miami, and Efrat Peled was appointed its CEO (and Chairman in 2009 [14] ).

In 2005, Arison Investments sold Eurocom Communication and Eurocom Mobile. [15]

In 2007, Arison Investments became the controlling shareholder of Shikun & Binui, by acquiring shares from 441 employees. That same year, Arison Investments became the controlling shareholder of Bank Hapoalim, and acquired the controlling stake at Israel Salt Industries, transforming it into a private company and renaming it Salt of the Earth. [16]

In 2008, Arison Investments launched Miya, an international water company specializing in efficient urban water systems, founded by Shari Arison to secure the abundance of fresh water in the world. [17]

In 2009, Shari Arison launched The Doing Good Model, marking the fruition of her vision of Doing Good and her values-based approach to business and philanthropy, which has been implemented in the public and private companies at the Arison Group since 1997. [18]

In 2010, Arison Investments sold Bio Medical Instruments.

In 2012, Shari Arison Family Office (SAFO) diversified its investments into a range of impact investments.

In 2017, Shari Arison established The Doing Good Model company, which integrates values into the heart of businesses and organizations, appointing David Arison CEO of this organization. [19]

In 2018 Arison Investments sold Shikun & Binui to the Saidoff Group, after 22 years in which it held the company’s controlling interest. [20] That same year, and after more than 20 years as its major shareholder, Arison Holdings sold some of its Bank Hapoalim shares and ceased to hold the controlling interest in the bank. [21]

In 2019, Arison Investments sold Salt of the Earth to Fortissimo Capital, [22] and Miya, its international water company, to the global private equity fund Bridgepoint. [23] That same year, it also sold LR Electronics.

Since 2019, Arison Investments has continued diversifying its portfolio of impact investing, focusing on strategic themes that create positive change [24] [25] in accordance with global sustainable guidelines outlined the UN's SDG goals, ESG, and DGM (The Doing Good Model). [26]

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References

  1. "Shari Arison, Investor Philanthropist". Forbes. November 2022.
  2. Sullivan, Paul (February 19, 2017). "Where the World's Wealthiest Invest Their Billions". The New York Times.
  3. Yeshayahuou, Kobi (June 13, 2018). "Naty Saidoff buys Shari Arison's stake in Shikun & Binui". Globes.
  4. Shalev, Shai (January 16, 2019). "Fortissimo buys Arison's Salt of the Earth". Globes.
  5. Ben Simon, Guy (January 28, 2019). "Bridgepoint buys Arison's Miya water co for $260m". Globes.
  6. Weinberger, Roi (July 9, 2022). "Patience pays as Shari Arison sells more Hapoalim shares". Globes.
  7. "Efrat Peled: Good Business". Ensia. October 2, 2014.
  8. Stella, Korin-Lieber (February 26, 1998). "Who's Who in Arison Group". Globes.
  9. Shalev, Shai (July 8, 1998). "Orlite to Acquire 50% of Nir Lat from Arison for $4 Mln". Globes.
  10. Raviv, Orna (May 14, 1997). "Ted Arison Seeks to Recruit Soros, Goldman Sachs to Bank Hapoalim Bidding Group". Globes.
  11. Landau, Efi (July 2, 1997). "Arison Investments Buys 30% of Eurocom Communications for $20-30 Mln". Globes.
  12. Klein, Zeev (June 1, 1997). "Estimates: Bank Privatisation Proceeds At Least NIS 6 Bln - Globes". Globes.
  13. Ginsburg, Ami (June 9, 1998). "America On Line Completes $407 Mln Purchase of Mirabilis of Israel". Globes.
  14. "Arison Group: Efrat Peled executive chairman of Arison Investments". Poandpo.
  15. Hadass; and Shalev, Guy; and Shai (June 6, 2005). "Alovitz buys Arison's Eurocom stake at $150-200m company value". Globes.{{cite web}}: CS1 maint: multiple names: authors list (link)
  16. Magen, Hadas (January 15, 2007). "Arison to buy 63.58% of Salt Industries for NIS 886m - Globes". Globes.
  17. Habib-Valdhorn, Shiri (September 9, 2008). "Shari Arison details her water baby". Globes.
  18. "Forbes Profile - Shari Arison". Forbes.
  19. "Shari Arison launches her fourth book: 'The Doing Good Model'". The Jerusalem Post. August 23, 2015.
  20. Yeshayahou, Kobi (June 13, 2018). "Naty Saidoff buys Shari Arison's stake in Shikun & Binui". Globes.
  21. Weinberger, Roi (July 9, 2022). "Patience pays as Shari Arison sells more Hapoalim shares". Globes.
  22. Shalev, Shai (January 16, 2019). "Fortissimo buys Arison's Salt of the Earth". Globes.
  23. Ben Simon, Guy (January 28, 2019). "Bridgepoint buys Arison's Miya water co for $260m". Globes.
  24. Hoff, Mary. "Arison Investments CEO Efrat Peled: 'Doing good is good business'". Greenbiz.
  25. Kerr, James (November 2, 2015). "How 'Doing Good' Can Do Wonders For Your Business". Inc.
  26. Kasriel Alexander, Daphne (May 8, 2022). "Meet a Future-Focused Investment Strategy With a Heart". Goodnet.