Fidelity SPDR Advertisement
Home > Boards > US OTC > Delisted > OrganiTECH USA, Inc.(fka ORGT)

Katzir Fund invests $15m in hydroponics co OrganiTech

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
midastouch017 Member Profile
 
Followed By 67
Posts 20,219
Boards Moderated 11
Alias Born 02/07/04
160x600 placeholder
Heineken has agreed to sell its Mexican packaging business to Crown Holdings for $1.23 billion in cash, allowing the Dutch brewer to tighten its focus on beer.
More Top Equities Stories Of The Day
Apple Investigating Reports of iCloud Vulnerabilities
US Court Dismisses Aluminum Antitrust Cases
J.P. Morgan Working With Law Enforcement on Cyber Attack -- 3rd Update
U.S. Hot Stocks: Hot Stocks to Watch
Ex-LPL Broker Ordered to Pay Nearly $2 Million
U.S. Hot Stocks: Hot Stocks to Watch
Amazon, Twitter Gains Lead Techs Higher
Ukraine Tensions Spur U.S. Stock Futures Downward
midastouch017   Wednesday, 02/07/07 06:40:22 AM
Re: None
Post # of 963 
Katzir Fund invests $15m in hydroponics co OrganiTech
Katzir Fund: We’ve invested NIS 67 million in kibbutz enterprises prior to the present investment.
Michal Yoshay-Horovits 7 Feb 07 13:23
The Kibbutz Industry Association’s Katzir Fund has acquired 30% of hydroponics company OrganiTech USA Inc. (Pink Sheets:ORGT.PK) for NIS 15 million. Katzir Fund manager Yossi Hebron will be appointed chairman of OrganiTech.
The Katzir Fund said that it has invested NIS 67 million in companies prior to the present investment. The Katzir Fund was founded by Rami Mandola and Harel Insurance Investments Ltd. (TASE: HARL), First International Bank of Israel (TASE: FTIN1;FTIN5) and Poalim Capital Markets - Investment Bank Ltd. It invests in stocks and loans of kibbutz enterprises and kibbutz real estate ventures.

OrganiTech develops and sells hydroponic systems for crops. The company was founded at Technion Entrepreneurial Incubator Co. Ltd. (TEIC) in 1999, and went public a year later through a reverse merger with Incubate This Inc.

Published by Globes [online], Israel business news - www.globes.co.il - on February 7, 2007


Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist