Alltrade Group unit All Recycling, belonging to Teddy Sagi and Oded Reichman, has raised NIS 150 million on the Tel Aviv Inventory Change (TASE) in an IPO at an organization valuation of NIS 300 million, earlier than cash. The shares of the corporate, which recycles electrical and digital waste, will start buying and selling on the TASE within the coming few days.
The IPO was led by Barak Leumi Underwriting, managed by Zvika Manes. The controlling shareholder of the corporate, AllTrade, will maintain 67% of the corporate’s shares after completion of the flotation, whereas the rest might be held by the general public. The biggest shareholders in AllTrade are businessmen Oded Reichman (54%), Teddy Sagi (35%) and Ran Nachum (10%).
RELATED ARTICLES
Teddy Sagi to launch London IPO for Winvia
Teddy Sagi’s Layam to open responsibility free retailer at Haifa airport
All Recycling was based in 2007 however beforehand operated below a special title and initially in a special enterprise exercise, however has been working within the recycling sector since 2010. The corporate’s founder and CEO is Gadi Reichman (son of the controlling shareholder). In response to the prospectus, “On account of rising environmental consciousness and company accountability of organizations for his or her digital waste, and particularly resulting from elevated regulation in environmental legal guidelines, the corporate has grown and develop into the main enterprise within the subject of digital waste recycling.”
The corporate additionally operates in planning and implementation companies for the development of amenities for the therapy of digital waste – an exercise that isn’t thought of materials for it. All Recycling notes that its development engines embrace the institution of a singular plastic recycling plant, entry into the sphere of lithium battery recycling, and the event of a patent for the extraction of tin from digital boards. Alltrade operates an digital waste recycling plant for small and medium-sized units within the Barkan Industrial Zone and a fridge and air conditioner recycling plant in Shaar Negev.
Mortgage compensation and institution of recycling vegetation
All Recycling’s income within the first half of 2025 was NIS 27.3 million, up 4.8% from the corresponding interval in 2024. Internet revenue within the first half was NIS 2.1 million in contrast with NIS 5.5 million within the corresponding interval of 2024.
Alltrade plans to make use of the proceeds to repay a NIS 23.5 million financial institution mortgage, allocate NIS 51-55 million for the institution and building of recycling vegetation, and as much as NIS 9 million for the improve and growth of current manufacturing traces. The remaining proceeds from the IPO might be used to amass corporations or complementary actions, for working capital wants, and repay different liabilities.
Printed by Globes, Israel enterprise information – en.globes.co.il – on February 24, 2026.
© Copyright of Globes Writer Itonut (1983) Ltd., 2026.
