Ham-Let (Israel Canada) Ltd.
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Ham-Let (Israel Canada) Ltd. - overview
Established
1950
Location
-, North District, Israel
Primary Industry
Industrial Machinery
About
Ham-Let (Israel Canada) Ltd. is a manufacturer specializing in high-quality instrumentation valves and fittings, primarily serving industries such as pharmaceuticals and semiconductors, ensuring precise control and safety in fluid management. Founded in 1950 and headquartered in Nazareth, Israel, Ham-Let (Israel Canada) Ltd. focuses on providing fluid control solutions.
The company was acquired by Ultra Clean Technology in December 2020 for USD 348 mn. It has engaged in multiple funding rounds, with the most recent deal occurring on December 16, 2020, which marked a significant transaction in its growth trajectory. Amir Widmann currently leads the company as CEO. Ham-Let (Israel Canada) Ltd.
offers a comprehensive range of products including high-quality instrumentation valves, pipe and tube fittings, and ultra-clean valves. Their solutions cater to critical industries such as pharmaceuticals, biotechnology, semiconductor manufacturing, and food processing, ensuring optimal performance and safety in fluid handling applications. Ham-Let (Israel Canada) Ltd. generates revenue through direct sales to industrial customers and strategic partnerships with distributors, focusing on B2B transactions for bulk orders of their core products.
Their revenue model is supported by long-term contracts with key clients, ensuring consistent demand for their high-quality fluid control solutions. Looking ahead, Ham-Let (Israel Canada) Ltd. plans to enhance its product lineup with new offerings aimed at the pharmaceutical and semiconductor sectors, targeting a launch in 2022. The company is also focused on expanding its presence in North America and Asia-Pacific, aiming for market entry by late 2023.
The recent acquisition by Ultra Clean Technology, valued at USD 348 mn, will facilitate these initiatives, providing the necessary resources for product development and market expansion.
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.ham-let.com
Verticals
E-commerce, Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Ham-Let (Israel Canada) Ltd. - deals
| Deals Type | 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Ham-Let (Israel Canada) Ltd. | - | ||||||||
| Private Placement/Follow on | Completed | Ham-Let (Israel Canada) Ltd. | - | ||||||||
| Private Placement/Follow on | Completed | Ham-Let (Israel Canada) Ltd. | - | ||||||||
| Add-on | Completed | Rovac Pte. Ltd. | - | ||||||||
| Trade Sale | Completed | Jiangsu Xinghe Group Co., Ltd. | - |
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