Tambour ( he, טמבור) is an Israeli company engaged in the

manufacture Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a rang ...

paint Paint is any pigmented liquid, liquefiable, or solid mastic composition that, after application to a substrate in a thin layer, converts to a solid film. It is most commonly used to protect, color, or provide texture. Paint can be made in many ...

, coatings and advanced construction materials. The company was founded in

Israel Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...

in 1936. In 2014, Singapore-based holding company, Kusto Group, acquired Tambour.

Overview

Tambour's main activities are manufacturing, importing and marketing of paints and related materials such as

sealants Sealant is a substance used to block the passage of fluids through openings in materials, a type of mechanical seal. In building construction ''sealant'' is sometimes synonymous with ''caulking'' and also serve the purposes of blocking dust, so ...

, coatings,

paint thinner A paint thinner is a solvent used to thin oil-based paints. Solvents labeled "paint thinner" are usually mineral spirits having a flash point at about 40 °C (104 °F), the same as some popular brands of charcoal starter. Common solven ...

s and

gypsum Gypsum is a soft sulfate mineral composed of calcium sulfate dihydrate, with the chemical formula . It is widely mined and is used as a fertilizer and as the main constituent in many forms of plaster, blackboard or sidewalk chalk, and drywall. ...

. The company has production sites in

Acre The acre is a unit of land area used in the imperial Imperial is that which relates to an empire, emperor, or imperialism. Imperial or The Imperial may also refer to: Places United States * Imperial, California * Imperial, Missouri * Imp ...

, Gesher and

Migdal HaEmek Migdal HaEmek ( he, מִגְדַּל הָעֶמֶק, lit. ''Tower of the Valley'', also officially spelt Migdal HaEmeq, ar, مجدال هعيمق) is a city in the Northern District of Israel. In it had a population of . There is a tower to ...

, with its headquarters in

Netanya Netanya (also known as Natanya, he, נְתַנְיָה) is a city in the Northern Central District of Israel, and is the capital of the surrounding Sharon plain. It is north of Tel Aviv, and south of Haifa, between Poleg stream and Wingate I ...

History

The company was founded in 1936 by three immigrants from

Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...

and began operations near

Haifa Haifa ( he, חֵיפָה ' ; ar, حَيْفَا ') is the third-largest city in Israel—after Jerusalem and Tel Aviv—with a population of in . The city of Haifa forms part of the Haifa metropolitan area, the third-most populous metropol ...

. In 1944 the company was acquired by the British conglomerate Jenson Nicholson. Most of the activity in the coming years sales was the

British Army The British Army is the principal land warfare force of the United Kingdom, a part of the British Armed Forces along with the Royal Navy and the Royal Air Force. , the British Army comprises 79,380 regular full-time personnel, 4,090 Gurk ...

and

Navy A navy, naval force, or maritime force is the branch of a nation's armed forces principally designated for naval warfare, naval and amphibious warfare; namely, lake-borne, riverine, littoral zone, littoral, or ocean-borne combat operations and ...

. By 1952 a new factory was built in the industrial area of Acre. By 1960 the company sold a number of partners: Israel Economic Corporation-PEC (group IDB), England-Israel Securities and a group of private investors. By 1962 the company sold most of Lflskon, the largest manufacturer of paint in

South Africa South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countri ...

. Tambor was a private company until 1993 then went public in 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 ...

. In 2001 Discount Investments sold its share of Granite Carmel and following receipt of full tender offer trading company was deleted. In 2005 stock was issued again and Tambour again became a public company, until being de-listed in 2012. The company has been declared a

monopoly A monopoly (from Greek language, Greek el, μόνος, mónos, single, alone, label=none and el, πωλεῖν, pōleîn, to sell, label=none), as described by Irving Fisher, is a market with the "absence of competition", creating a situati ...

by Israel's Antitrust Authority in the interior paints sector. As of end 2011 the company employed 686 workers.

References

External links

Tambour websiteTambour website
{{Authority control Manufacturing companies of Israel Manufacturing companies established in 1936 Companies listed on the Tel Aviv Stock Exchange Paint manufacturers Israeli brands Companies based in Netanya 1936 establishments in Mandatory Palestine