Israel Land Development Company

ILDC
Public
Traded as NASDAQ: ILDC
TASE: ILDC
Founded 1909
Headquarters Tel Aviv, Israel
Key people
Yaakov Nimrodi
Website en.ildc.co.il

The Israel Land Development Company (ILDC) is one of Israel's largest conglomerates, with fields including real estate, construction, energy and hotels.[1][2] It was acquired in 1987 by Yaakov Nimrodi.[1]

History

ILDC was founded in 1909 by the Zionist Federation as the Palestine Land Development Company. It became an Israeli public company in 1953.[1]

Yaakov Nimrodi took control of the company in 1988 with a $26m investment.[3] In 2006 Nimrodi signed an agreement to buy out a 20% minority shareholder which valued the company at $172m.[4]

References

External links

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