Galileo Wheel Ltd. Asset Profile

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Year established

2011

Location

Israel

Primary Industry

Automobiles, Other Vehicles & Parts

About

Based in Mevasseret Tzion, Israel, and founded in 2011 by its CEO Alon Hayka and CTO Avishay Novoplanski, Galileo Wheel Ltd. engaged in the development and sales of airless tires for agricultural and construction machinery. In October 2022, Marubeni acquired a stake in Galileo Wheel Ltd. Galileo Wheel Ltd. provides tiers under Cup Wheel brand in different types for a long-lasting ride with various features such as a larger footprint with load distribution, mass production, increased traction for enhanced productivity and energy savings, and reduced soil compaction. It offers solutions for center pivot irrigation machinery, loaders, tractors, earthmovers, telehandlers, and sprayers. Following the acquisition, the company plans to expand sales for agricultural and construction machinery.

Current Investors

Marubeni

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Primary Industry

Automobiles, Other Vehicles & Parts

Sub Industries

Automobiles, Other Vehicles & Parts, Farm Equipment

Website

www.galileowheel.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Deals

Deals Type
LP Direct

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Galileo Wheel Ltd.	12 Oct 2022

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