Afimilk’s shareholders, Fortissimo Capital and Kibbutz Afikim, signed an agreement between them for Fortissimo to acquire 25% of Afimilk’s shares to hold 55%, whereby Kibbutz Afikim continues to hold 45% of the shares.
Yuval Rachmilevitz, Afimilk’s CEO commented: “The purchase of Afimilk’s shares reflects our shareholders’ confidence in Afimilk and its direction. We will continue our intensive investment in development of advanced technologies and harnessing them into leading products, to provide high value to our dairy farm customers and to support our channel partners.”