Sherman

What Sherman does

Sherman (legal entity I. Sherman Ltd.) is a privately held Israeli development and manufacturing services provider founded in 1971 by Julian Sherman. Operating from a single integrated facility at the Akko Industrial Zone, the company delivers end-to-end product lifecycle services — concept development, engineering design, prototyping, mass production, mechanical assembly, testing, quality control, and supply chain management — for enterprise clients across medical/medical-cosmetic, electronics and telecom, security and aviation (defense), and printing verticals. Named enterprise customers include Israeli defense primes Rafael, Israel Aerospace Industries (IAI), and Elbit Systems. Headcount ranges from 101 to 250 employees. Current executive leadership is led by CEO Lior Nahari; the founder remains identified with the firm but no longer appears in operational roles per disclosed sources.

The company's underlying platform centers on a comprehensive in-house manufacturing technology stack: CNC machining, laser cutting and punching, robotic and manual welding (gas, ARC, MIG, TIG), injection molding, polishing and buffing, air and panel bending, Alodine coating, silk screen printing, industrial painting, and wiring harness production. Design work is supported by CAD-based simulation and a structured five-stage New Product Introduction (NPI) process spanning idea, screening, concept development, product development, and commercialization. A differentiated capability is high-resolution 3D-scanning-based reverse engineering capable of accuracies in the tens of microns (0.01 mm or less), enabling documentation reconstruction for discontinued or legacy parts. The firm maintains four concurrent certifications — ISO 9001:2015 (quality), ISO 13485:2016 (medical devices, valid through 2027-07-03), AS9100D (aerospace/defense), and ISO 27001 (information security) — and backs its information systems with SIEM SOC, Zero Trust architecture, two-factor authentication, daily encrypted backups across three server farms, Azure Cloud redundancy, and annual third-party penetration testing.

Sherman generates revenue through three streams: project-based end-to-end turnkey manufacturing services (often with multi-year recurring mandates as clients' exclusive manufacturing arm), build-to-print/build-to-spec contract manufacturing with per-unit and tooling fees, and supply chain management services billed as percentages of managed procurement or fixed fees. Pricing is quote-based and tailored to scope, complexity, volume, and industry requirements; no standard rate cards are published. Go-to-market is enterprise field sales supported by referrals and direct client engagement, with international reach delivered through a vetted network of strategic manufacturing partners integrated under Sherman's quality control regime. Distribution is exclusively direct B2B, with no channel, marketplace, or reseller intermediation.

Name

Sherman

Legal name

I. Sherman Ltd.

Website

https://shermanep.com

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

101–250 employees

Short description

Sherman is a privately held Israeli end-to-end development and manufacturing services provider serving medical, defense, electronics, telecom, and printing enterprise clients under an integrated turnkey model. The ISO 9001/13485/AS9100/27001-certified firm has over 40 years of operational track record.

Ownership category

akta.pro rank

Headquarters

HQ city

Haifa

HQ country

Israel

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. End-to-End Manufacturing Services: Sherman generates revenue through providing comprehensive development and manufacturing services across the product lifecycle. Revenue comes from product development, engineering, prototyping, mass production, assembly, quality control, and supply chain management. Services are offered as standalone engagements or as part of turnkey solution packages, with pricing based on project scope, complexity, volume, and industry-specific requirements. The company serves as the exclusive manufacturing arm for dozens of clients, generating recurring revenue through ongoing production mandates.
2. Build to Print / Build to Spec: Revenue generated from manufacturing services where clients provide complete technical specifications. Sherman translates designs into mass production lines, charging per-unit production fees, tooling/mold costs, and setup charges. Includes engineering and execution fees for managing production according to exact client specifications.
3. Supply Chain Management Services: Sherman provides SCM services as a standalone offering or bundled with manufacturing. Revenue derives from procurement management, global sourcing, logistics, inventory management, and distribution services, charged as a percentage of managed procurement value or as fixed service fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Sherman provides end-to-end development and manufacturing services under a turnkey model, covering product design, engineering, prototyping, mass production, mechanical and electronic assembly, testing, quality control, and supply chain management. The company operates a single integrated facility in Akko, Israel, producing electronic enclosures, mechanical assemblies, machines, and finished products for medical, defense/aviation, electronics/telecom, and printing industry clients. It serves as the chosen manufacturing partner for dozens of top-tier Israeli and international enterprises, functioning as their exclusive development and production arm.

Product overview

Sherman (I. Sherman Ltd.) is a development and manufacturing services provider offering a comprehensive suite of services organized around product lifecycle management. The company operates as a single integrated platform delivering services across the entire product development and manufacturing spectrum. The core service portfolio includes: Product Design Process and Product Development (concept to commercialization), Engineering Development and Prototype Development (design and simulation), Electronic Enclosures and Mechanical Assemblies (component-level services), Machine Production and Production (manufacturing capabilities including laser cutting, welding, CNC machining, painting, and wiring), Testing Services and Quality Control (certification and compliance), Supply Chain Management (procurement and logistics), Build to Print (contract manufacturing), and End to End Turnkey Solutions (comprehensive one-roof service model). Additional support services include NPI transition from development to production, Finished Products manufacturing, and comprehensive Service and aftermarket support. Sherman serves multiple vertical markets including medical/cosmetic, printing, electronics/telecom, and security/aviation (defense) sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Product Development (NPI) End-to-end new product development services from idea stage through screening, concept development, engineering, and commercialization to market launch. Includes feasibility assessment, CAD-based simulation, prototyping, DFM optimization, and transition to mass production under the New Product Introduction (NPI) framework. Targeted at OEMs and brands in medical, defense, electronics, telecom, and printing sectors.
• Product Design Process End-to-end product design service covering concept development, engineering design, product roadmap formulation, and lifecycle management to expand existing product lines and create new ones for B2B clients across multiple industries.
• Engineering Development Engineering development services including feasibility assessment, CAD-based design and simulation, prototyping, evaluation, and production preparation for new products. Targeted at B2B clients requiring concept-to-production engineering support.
• Prototype Development Complete design and manufacturing capabilities for prototype models including planning, 3D simulation, and production using technologies such as 3D printing, CNC machining, casting, and laser cutting. For B2B clients needing to validate concepts before mass production.
• Electronic Enclosures End-to-end development, design, optimization, and manufacturing of electronic enclosure solutions customized to client requirements using metal, plastic, or glass materials. For OEMs in electronics, telecom, medical, and defense sectors.
• Production Turnkey end-to-end manufacturing services including laser cutting, punching, polishing, bending, welding, CNC machining, silk screen printing, mechanical assembly, industrial painting, wiring, and quality control. For B2B clients across multiple industries requiring mass production under ISO 9001, ISO 13485, or AS9100 standards.
• Machine Production

Quantifiable outcome

• Over 40 years of operational track record in development and manufacturing, serving as the exclusive manufacturing partner for dozens of enterprise clients
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• International Network of Strategic Manufacturing PartnerscoreStrategic or Co-development PartnerSherman has established an international network of strategic manufacturing partners, carefully selected and monitored according to the company's committed quality standards. These partners specialize in various manufacturing domains and hold required regulatory approvals. Sherman integrates components supplied by these partners and delivers complete integrated assemblies to clients, maintaining consistent quality control and reliability standards across borders.
• The Standards Institution of IsraelcoreOthersThe authorized body in Israel for ISO certification and verifying manufacturers' and organizations' compliance with international standards set by the International Organization for Standardization (ISO). Sherman subjects all its production systems to rigorous examination by this certification body.
• IQNetcoreOthersAn international standardization and quality control organization comprising 36 local and international certification bodies worldwide. IQNet provides international quality certification for Sherman's operations, with Sherman's ISO 13485 certificate bearing the IQNet mark.
• ANAB (ANSI National Accreditation Board)coreOthersA civilian standardization body that conducts continuous inspections and monitoring to ensure manufacturers and organizations worldwide comply with leading quality and quality control standards. ANAB supports Sherman's quality assurance framework.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Creation Technologies: North American EMS focused on medical, aerospace/defense, and industrial OEM customers. Comparable mid-market size, certification footprint, and turnkey service model to Sherman.
• Sanmina: Global EMS provider with strong medical, defense/aerospace, and industrial verticals. Closest large-scale analog to Sherman's end-to-end build-to-print and turnkey model for regulated industries.
• Benchmark Electronics: US-headquartered EMS focused on aerospace/defense, medical, and complex industrial OEM products. Comparable customer profile and certifications (AS9100, ISO 13485) to Sherman.
• Plexus Corp: Mid-market EMS with concentrated exposure to medical, aerospace/defense, and industrial markets. Closely matches Sherman's customer mix and regulated-vertical positioning.
• Celestica: Canadian EMS serving aerospace/defense, health tech, and industrial clients. Similar tier-1 OEM customer model and broad regulatory certification footprint.
• Kimball Electronics: US EMS focused on medical, automotive, and industrial verticals. Comparable in scale to Sherman with similar end-to-end engineering and manufacturing services.
• Scanfil: Finnish EMS serving industrial, energy, and medtech customers. Comparable turnkey contract manufacturing model with similar size and European footprint.

Regional players

• Kitron: Nordic-headquartered EMS with a defense, aerospace, and industrial focus. Comparable in scale and vertical mix to Sherman but operating primarily in Northern Europe rather than Israel.

Broad incumbents

• Flex: One of the largest global EMS providers with broad capabilities across medical, defense, and industrial. Represents the scaled incumbent that competes for the same tier-1 OEM programs Sherman targets.
• Jabil: Largest global EMS with diversified end-markets including aerospace/defense, healthcare, and industrial. Sets the competitive benchmark for end-to-end manufacturing services at scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php?id=100086612395889&locale=et_EE
• LinkedInlinkedin.com/company/i.-sherman-ltd.
• Instagraminstagram.com/sherman_turnkey_solutions/?utm_medium=copy_link

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sherman