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  • ABOUT
    • Gama
    • Our Network
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  • PRODUCTS & SERVICES
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    • Gama Field Services
    • Gama Market Entry
  • CATEGORIES
    • Food
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Ahava

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1 MIN READ

Israel: Fosun acquires Israeli Dead Sea mineral brand Ahava

April 13, 2016
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Health & Beauty, Mergers & Acquisitions, Middle East & Africa

Chinese investment conglomerate Fosun Group has announced that it has agreed to he acquisition of a 100% equity interest in Israeli cosmetics manufacturer Ahava Dead Sea Laboratories for 290 million ILS ($77 million). Fosun will wholly own Ahava, which makes skin care products from Dead Sea minerals and mud and markets facial care products including Dead Sea Osmoter Facial Serum, Facial Mud Exfoliator and Active Moisture Gel Cream. The business …

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