Tadiran refers to a former Israeli conglomerate, which was founded in 1962 by the merger of two companies, Tadir and Ran (itself founded as a batteries manufacturer in 1932). The name of the company is a joining of both companies’ names.
Through the years the company had interests in electronics, home appliances (refrigeration and air conditioning), telecommunications, batteries, medical systems and defence electronics.
The company does not exist as a conglomerate anymore. The brand name survived through the former conglomerate's many spin-offs and sold divisions. They include:
* Tadiran Telecom
* Tadiran Telecommunications
* Tadiran Batteries
* Tadiran Air Conditioners
* Tadiran Appliances
* Tadiran Electronic Systems
* Tadiran Spectralink
* Tadiran Communications
* Tadiran LifeCare
* Tadiran Telematics
These brands and business are described below.
Tadiran Telecom
*
Tadiran Telecom
Tadiran Telecom (TTL) L.P., is a privately held Israeli Unified Communications and Collaboration (UC&C) company, providing UC&C systems globally. TTL is owned by Afcon Industries, which in turn is controlled by the Shlomo Group (TASE:SHLD),
...
- a manufacturer of business telecommunications equipment, privately held company owned by Afcon Industries which is controlled by the
Shlomo Group
Shlomo Group is one of the largest investments and holdings groups in Israel, consists of automotive, real estate, telecom, insurance, shipyards and logistics sectors. The group was founded in 1974 by Shlomo Shmeltzer. The group's consolidated ...
.
Tadiran Batteries (owned by Saft Groupe S.A.)
*
Tadiran Batteries - One of the world's largest suppliers of Lithium batteries. The company is a wholly owned subsidiary of the
Saft Groupe S.A. of France, which was created in January 2004 when the Doughty Hanson Funds bought the batteries business of
Alcatel Alcatel may refer to:
* Alcatel, a former French telecommunications equipment company, which became Alcatel-Lucent and is now part of Nokia
* Alcatel Mobile, a brand of mobile phones, tablets and wearables, formerly a joint venture between Alcatel ...
(who originally purchased Tadiran Batteries in 2000).
Tadiran Air Conditioners, Tadiran Appliances (owned by Tadiran Holdings)
Tadiran Appliances (also known as Tadiran Air Conditioners), was acquired by the
Carrier Corporation
Carrier Global Corporation is an American multinational heating, ventilation, and air conditioning (HVAC), refrigeration, and fire and security equipment corporation based in Palm Beach Gardens, Florida. Carrier was founded in 1915 as an independ ...
, the world's largest manufacturer and distributor of heating, ventilating and air conditioning (HVAC) systems, itself a subsidiary of
United Technologies Corporation
United Technologies Corporation (UTC) was an American multinational conglomerate headquartered in Farmington, Connecticut. It researched, developed, and manufactured products in numerous areas, including aircraft engines, aerospace systems ...
(UTC) of the USA and a constitute of
Dow Jones Industrial Average
The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States.
The DJIA is one of the oldest and most commonly followed equity inde ...
. Carrier initially acquired 26% of the company in 1997 and took full ownership of it in 2004.
In October 2009, Carrier sold Tadiran Appliances to Crystal Consumer Products, a white goods distributor in Israel, which shortly afterwards changed its name to Tadiran Holdings ().
In the past, Tadiran Appliances used to manufacture a wide range of
White goods
A major appliance, also known as a large domestic appliance or large electric appliance or simply a large appliance, large domestic, or large electric, is a non-portable or semi-portable machine used for routine housekeeping tasks such as cookin ...
, including: refrigerators and freezers; stoves and ovens; TV sets (assembly of Italy's Voxon models) and
Radio set
An antique radio is a radio receiving set that is collectible because of its age and rarity.
Types of antique radio
Morse receivers
The first radio receivers used a coherer and sounding board, and were only able to receive CW continuous wave (C ...
s and Car Radios. However, today only the
Air conditioning
Air conditioning, often abbreviated as A/C or AC, is the process of removing heat from an enclosed space to achieve a more comfortable interior environment (sometimes referred to as 'comfort cooling') and in some cases also strictly controlling ...
business remains active (and still has the highest market share by far in Israel).
In January 2021, Tadiran Appliances filed an international patent for a new air conditioning system that purifies 99.999% of viruses, germs and bacteria.
Tadiran Telecommunications (merged with ECI Telecom)
* Tadiran Telecommunications - was a manufacturer of networking infrastructure solutions for carrier and service providers listed on NASDAQ (NASDAQ: TTELF). In September 1998 Tadiran Telecommunications merged with
ECI Telecom
ECI Telecom Ltd is an Israel-based manufacturer of telecommunications equipment that provides packet optical transport products, software-defined networking applications, cybersecurity and professional services.
History
The Electronics Corpora ...
Ltd. In July 2007
ECI Telecom
ECI Telecom Ltd is an Israel-based manufacturer of telecommunications equipment that provides packet optical transport products, software-defined networking applications, cybersecurity and professional services.
History
The Electronics Corpora ...
was acquired by a private equity group and, after 25 years, has been delisted from Nasdaq.
Tadiran Electronic Systems, Tadiran Spectralink, Tadiran Communications -> Elbit Systems
* Tadiran Electronic Systems – a manufacturer of military electronic equipment now part of the
Elisra
Elisra Group is an Israeli manufacturer of high-tech electronic devices, mainly but not exclusively for military use. It makes equipment for electronic communication and surveillance, missile tracking and controlling systems, radar and lidar equi ...
Group.
* Tadiran Spectralink – a supplier of advanced wireless communications products for manned and unmanned aircraft, also part of the
Elisra
Elisra Group is an Israeli manufacturer of high-tech electronic devices, mainly but not exclusively for military use. It makes equipment for electronic communication and surveillance, missile tracking and controlling systems, radar and lidar equi ...
Group.
* Tadiran Communications – a supplier of Military HF and VHF tactical radios and communication systems
In July 2008 Tadiran Communications and
Elbit Systems
Elbit Systems Ltd. is an Israel-based international defense electronics company engaged in a wide range of programs throughout the world. The company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land ...
merged, which brought all three of the above companies to exist under one group (this since Elisra Group itself is a subsidiary of
Elbit Systems
Elbit Systems Ltd. is an Israel-based international defense electronics company engaged in a wide range of programs throughout the world. The company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land ...
).
Tadiran LifeCare (owned by Aerotel Medical Systems)
Tadiran LifeCare was a division within Tadiran Spectralink, established to design and develop wireless monitoring solutions for healthcare applications. Tadiran LifeCare was acquired by Aerotel Medical Systems in January 2007.
Ituran & Tadiran Telematics
Ituran
Ituran Location and Control Ltd. is an Israeli company that provides stolen vehicle recovery and tracking services, and markets GPS wireless communications products. Ituran is traded on NASDAQ and is included in the TA-100 Index. Ituran has over ...
was established in 1994 by the Tadiran conglomerate to develop and operate a service for
locating stolen vehicles using a technology that was originally developed for military use at Tadiran Telematics, a subsidiary of Tadiran Communications. In 1995 Tadiran decided to sell the Ituran concept to a group of investors for $250,000 USD.
In 1998, the company had an
initial public offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
on the
Tel Aviv Stock Exchange
The Tel Aviv Stock Exchange (TASE; ; colloquially known as The Bursa, ) is Israel's only public stock exchange and a public company that has been traded on the Tel-Aviv Stock Exchange since August 1, 2019. Legally, the exchange is regulated by ...
, raising the capital required to develop the service overseas in the United States,
Brazil
Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...
and
Argentina
Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the second-largest country in South America after Brazil, th ...
.
In November 1999,
Ituran
Ituran Location and Control Ltd. is an Israeli company that provides stolen vehicle recovery and tracking services, and markets GPS wireless communications products. Ituran is traded on NASDAQ and is included in the TA-100 Index. Ituran has over ...
acquired Tadiran Telematics, which continued to manufacture the
vehicle tracking system
A vehicle tracking system combines the use of automatic vehicle location in individual vehicles with software that collects these fleet data for a comprehensive picture of vehicle locations. Modern vehicle tracking systems commonly use GPS or G ...
s Ituran was using for its services, for $10 million. The acquisition enabled Ituran to reduce the cost of the systems it sold. Ituran changed the company's name to Telematics Wireless.
In 2004, Telematics Wireless won contracts to install and deploy
vehicle tracking system
A vehicle tracking system combines the use of automatic vehicle location in individual vehicles with software that collects these fleet data for a comprehensive picture of vehicle locations. Modern vehicle tracking systems commonly use GPS or G ...
s in
Korea
Korea ( ko, 한국, or , ) is a peninsular region in East Asia. Since 1945, it has been divided at or near the 38th parallel, with North Korea (Democratic People's Republic of Korea) comprising its northern half and South Korea (Republic o ...
and China, for local companies developing a service similar to Ituran's.
In 2005,
Ituran
Ituran Location and Control Ltd. is an Israeli company that provides stolen vehicle recovery and tracking services, and markets GPS wireless communications products. Ituran is traded on NASDAQ and is included in the TA-100 Index. Ituran has over ...
raised approximately $50 million in an initial public offering on Nasdaq, which gave the company a value of $294 million.
In November 2007,
Ituran
Ituran Location and Control Ltd. is an Israeli company that provides stolen vehicle recovery and tracking services, and markets GPS wireless communications products. Ituran is traded on NASDAQ and is included in the TA-100 Index. Ituran has over ...
sold Telematics Wireless to
Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, borde ...
based ST Electronics, part of the
ST Engineering
Singapore Technologies Engineering Ltd, doing business as ST Engineering, is a Singaporean multinational technology and engineering group in the aerospace, smart city as well as defence and public security sectors. Headquartered in Singapore, ...
corporation, for $90 million.
References
{{reflist, 2
Manufacturing companies of Israel
Defunct manufacturing companies of Israel
Israeli brands
Battery manufacturers
Consumer battery manufacturers
1962 establishments in Israel
Conglomerate companies established in 1962