What Gaon Group does

Gaon Group Ltd. (TLV: GAGR) is an Israel-domiciled, publicly traded flow-infrastructure conglomerate with roots dating to 1951 and corporate operations consolidated in its current form through a series of acquisitions and integrations. It operates through four divisions — Infrastructure & Industry, Building Systems, Technology, and Entrepreneurship & Execution — anchored by wholly-owned subsidiaries that include Middle East Tube Company (METCO, large-diameter steel pipes up to 120 inches, the only such producer in Israel), Plassim Palgal (the largest plastic pipe manufacturer in Israel, diameters up to 2400mm), Hakohav (valves with proprietary vulcanization technology), Sagiv (ball valves and fittings), Madey Vered and GCT (AMR/AMI metering systems and the CONNECT long-range communication platform), GWS, Nahmany (horizontal drilling), Gilvun (galvanizing), TMNG (EPC for natural gas and renewables) and Palyam (consumer plumbing distribution).

The company's core offering is end-to-end sustainable infrastructure solutions for water, sewage, gas, and industrial flow management — encompassing manufactured hardware (steel and plastic piping, valves, ball valves, electrical channels, fittings), smart-metering systems (CONNECT communications, AMI/AMR controllers, Diehl ultrasonic meters marketed via Madey Vered), and EPC execution services (planning, procurement, horizontal drilling, on-site construction). Its technical differentiation rests on monopolistic domestic position in large-diameter steel and plastic piping, proprietary vulcanization extending valve service life, and CONNECT's claimed 5 km wireless transmission range for metering networks.

The business model is enterprise B2B, sold via direct field sales managed by division-level CEOs targeting Israeli government water authorities (Mekorot, Jordan Valley Water, Kinneret Drainage Authority, Mei Noam), municipalities, and large industrial customers (Intel, Palgei Maim). Revenue is generated through project-based hardware sales, professional services for turnkey infrastructure projects, AMR/AMI system sales, and hot-dip galvanizing services. Pricing is quote-driven and project-specific with no public list pricing, and revenue is concentrated geographically in Israel with no disclosed international expansion.

Name

Gaon Group

Legal name

Gaon Group Ltd. (קבוצת גאון בעמ)

Website

https://gaon.com

Company type

Public

Founded year

1951

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Gaon Group is a publicly traded Israeli flow-infrastructure conglomerate that manufactures large-diameter steel and plastic piping, valves, ball valves, and AMR/AMI metering systems, and provides EPC services for water, sewage, gas, and industrial customers through four divisions anchored by wholly-owned subsidiaries.

Ownership category

akta.pro rank

Product category

Water Infrastructure Products

NAICS

Water Supply and Irrigation Systems (221310), Water Supply and Irrigation Systems (22131), Metal Valve Manufacturing (33291), Fluid Power Valve and Hose Fitting Manufacturing (332912), Totalizing Fluid Meter and Counting Device Manufacturing (334514)

SIC

Steel Pipe & Tubes (3317), Water Supply (4941), Totalizing Fluid Meters & Counting Devices (3824), Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose (3050)

akta.pro primary industry

Raw Water Conveyance & Transmission (Aqueducts, Mains, Pumping Stations) (EUANAAAB)

akta.pro secondary industries

Construction Management & Delivery (EPCM/CMAR/Design-Build Oversight) (EUANALAE), Hoses, Tubing & Fittings (Hydraulic/Pneumatic Lines & Connectors) (IMAHAGAH), Valve Sites, Drip Pots & Appurtenances (EUAJABAF)

Keywords

• Flow infrastructure products
• Water transmission systems
• Steel pipe manufacturing
• Industrial valves
• Smart water metering

Headquarters

HQ city

Nir Zevi

HQ country

Israel

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Infrastructure Products Sales: Sale of pipe systems (steel, plastic), valves, ball valves, and water metering equipment to infrastructure projects, municipalities, and industrial customers.
2. Project Execution Services: Turnkey execution of infrastructure projects including planning, construction, and on-site project management for water, sewage, and gas infrastructure.
3. AMR/AMI System Solutions: Development and sale of automatic meter reading and advanced metering infrastructure systems including hardware and software components.
4. Galvanizing Services: Hot dip galvanizing services provided by Gilvun for products up to 12 meters long.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Gaon Group manufactures and supplies flow infrastructure products — including large-diameter steel pipes, plastic pipes, butterfly valves, ball valves, and AMI/AMR water metering systems — for water transmission, sewage, desalination, gas and industrial applications. It also executes turnkey infrastructure projects (planning, construction, on-site management) and complementary services such as horizontal drilling, hot-dip galvanizing, and EPC/EPCM for natural gas and renewables, providing end-to-end solutions backed by continuous manufacturer warranty.

Product overview

Gaon Group is Israel's leading flow infrastructure group offering a comprehensive portfolio of infrastructure products and solutions. The company operates through four divisions: Infrastructure & Industry, Building Systems, Technology, and Entrepreneurship & Execution. The product portfolio centers on steel piping (Middle East Tube Company - pipes up to 120 inches diameter), valves (Hakohav), plastic piping (Plassim Palgal - pipes up to 2400mm), ball valves (Sagiv), and AMR/AMI metering systems (Madey Vered, GCT). Supporting products include the CONNECT communication system for extended-range data transmission, Diehl ultrasonic water meters, electrical channels, and specialized valves including diagonal valves and soft seal gate valves. The company provides turnkey solutions from planning through execution for water transmission, sewage treatment, desalination, and industrial applications.

Differentiator

Problem solved

Functional benefit

Brands

• CONNECT: Advanced communication system for AMI/AMR systems developed by GCT, enabling exceptionally long transmission range of up to 5 km
• Middle East Tube Company (METCO)
• Meriflex
• Merikra
• Trio

Products and services

• Steel Piping (Middle East Tube Company / METCO) Large diameter steel pipes with various coatings and materials for water, sewage and drainage infrastructures, up to a maximum diameter of 120 inches. The only company in Israel that manufactures pipes with diameters over 100 inches. Supplied to national water utilities and large industrial customers.
• Valves (Hakohav) Various valves for diverse applications, pressures and materials, including soft seal gate valves, double eccentric butterfly valves, and the 107 valves series. Manufacturer of the largest centric butterfly valves made in Israel, featuring exceptionally long lifetimes. Used in water, sewage, gas and industrial flow systems.
• Plastic Piping (Plassim Palgal) Plastic piping made of various materials and diameters for a wide range of applications, including PE100, PVC-U, PEX and Merikra product lines. Largest plastic pipe manufacturer in Israel, producing pipes up to 2400mm diameter.
• Ball Valves and Fittings (Sagiv) Ball valves and fittings for water, gas, fuel and oil applications. Renowned for uncompromising reliability and compliance with international standards. Sagiv factory is certified to ISO 9001, UL, DIN, BSI and ISI standards.
• AMR/AMI Systems (Madey Vered) Command and Control systems for automatic meter reading (AMR) and advanced metering infrastructure (AMI). Develops water metering solutions, advanced data transmission technologies for long distances, and full hardware/software solutions for water utilities and municipalities.
• CONNECT Communication System (GCT) Advanced communication system for AMI/AMR developed by GCT, enabling exceptionally long transmission range of up to 5 km with quicker and simpler infrastructure deployment than existing solutions.
• Infrastructure Project Execution Services (GWS) Turnkey execution of infrastructure projects including planning, construction, and on-site project management for water, sewage, and gas infrastructure. Delivered as part of the Infrastructure & Industry and Entrepreneurship & Execution divisions.
• EPC/EPCM Services for Natural Gas and Renewables (TMNG) Engineering, Procurement, Construction and Management (EPC/EPCM) services for natural gas systems and renewable energy projects, including planning, management, supervision, procurement and construction.
• Horizontal Drilling Services (Nahmany) Horizontal drilling services for pipeline infrastructure installation, including trenchless crossing beneath obstacles such as roads and rivers.
• Hot Dip Galvanizing Services (Gilvun) Hot dip galvanizing services for products up to 12 meters long, providing corrosion protection for steel infrastructure components.
• Di NICOLA High-Pressure and Large-Diameter Valves (Distributed by Hakohav) Distribution and supply of double and triple eccentric butterfly valves from Italy's Di NICOLA in Israel, including valves dedicated to high pressures and large diameters, with all units tested in Italy and again at Hakohav's Kiryat Gat facilities.
• Diehl Ultrasonic Water Meters (Distributed by Madey Vered) Ultrasonic measurement technology water meters in diameters 2-8 inches with measurement level R=800, marketed in Israel by Madey Vered under partnership with Diehl (Germany).

Quantifiable outcome

• CONNECT system enables up to 5km transmission range vs existing solutions
• +1 more outcomes

Named customers6 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

Feature4 records

Partnerships

One partnership is on record.

• Di NICOLA (Italy)coreTechnology or IntegrationHakohav has been representing the Italian Di NICOLA company for years. Di NICOLA owns a large and very old factory specializing in development and production of valves dedicated to high pressures and large diameters. Hakohav markets double and triple eccentric butterfly valves from Di NICOLA in Israel, with all valves tested in Italy and again in Hakohav's Kiryat Gat facilities.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Advanced Drainage Systems: US leader in water management solutions with a broad portfolio of plastic and metal pipe products for stormwater, wastewater, and drainage applications. Directly comparable to Gaon's Plassim Palgal plastic piping and overall drainage/sewage infrastructure orientation.
• Badger Meter: US-listed manufacturer of flow measurement and control products for water utilities, including AMR/AMI smart metering solutions. Closely comparable to Gaon's Madey Vered and GCT AMI/AMR water metering franchise and CONNECT communication system.
• Northwest Pipe Company: US manufacturer of large-diameter, high-pressure steel pipe for water transmission, wastewater, and energy infrastructure. Highly comparable to METCO's large-diameter steel pipe franchise serving water authorities.
• Itron: Global provider of AMI/AMR smart metering, analytics, and connectivity solutions for water, gas, and electric utilities. A relevant peer for Gaon's smart water metering business, particularly the GCT CONNECT communication platform.
• Mueller Water Products: US-listed manufacturer of water infrastructure products including large-diameter pipes, valves, hydrants, and metering solutions sold primarily to municipalities and utilities. Closely comparable to Gaon's pipe-plus-valve-plus-meter offering for water transmission and distribution.
• Watts Water Technologies: Global manufacturer of water flow and treatment products including valves, fittings, and water quality systems serving plumbing, waterworks, and industrial customers. Comparable to Gaon's valve/fittings portfolio (Hakohav, Sagiv) and water-focused customer base.

Broad incumbents

• Crane Co. Diversified US industrial manufacturer with a significant Process Flow Technologies segment producing valves, fittings, and fluid handling equipment for water and industrial customers. Comparable to Gaon's valve-centric offerings (Hakohav, Sagiv) at a much larger scale.
• Quanta Services: US leader in infrastructure contracting for electric, gas, water, and renewable utility networks. Comparable to Gaon's GWS EPCM execution and TMNG gas infrastructure services at far larger scale.

Regional players

• Electra Ltd. Israeli infrastructure and construction conglomerate with operations in building systems, electromechanical contracting, and concessions. A regional peer to Gaon's building systems and EPCM divisions within the same Israeli market.
• Shafir Engineering: Israeli municipal infrastructure contractor focused on water, sewage, drainage, and roads for local authorities. Comparable to Gaon's GWS water/sewage infrastructure execution work targeting Israeli municipalities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/b.gaon-holdings-group

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries12 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 Gaon Group