Tnuva Returning to the Stock Exchange? Preparing an IPO at a Valuation of Over NIS 10 Billion

In depth

Food producer Tnuva is preparing for a listing on the Tel Aviv Stock Exchange in the second half of 2027, according to media reports. After freezing its IPO plans about half a year ago, the company is preparing a new prospectus for the move. The company is held by China's Bright Food and the kibbutz purchasing organizations.

According to Calcalist, the valuation the company will seek would be about NIS 13 billion, compared with the roughly NIS 10 billion it considered listing at in 2025. According to Bizportal, a comparison with Strauss indicates a fair valuation of perhaps NIS 8 to 10 billion. According to Globes, the TA-Food index has lost more than 18% since its launch.