Lapidoth Capital

What Lapidoth Capital does

Lapidoth Capital (TASE: LAPD) is a publicly traded Israeli holding company founded in 1959, headquartered in Or Yehuda and listed on the Tel Aviv Stock Exchange's TA-125 index. The group operates three core subsidiaries across distinct sectors of the Israeli economy: Dania SIV (publicly listed since 2021), one of Israel's largest construction and infrastructure contractors covering residential, public building, road, railway, tunnel, and airport projects; Africa Israel Homes (publicly listed since 2006), a residential real estate developer active in conventional housing, rental housing, urban renewal (more than 40 projects nationwide), luxury residences, and protected housing under the Sabayon brand; and Sunny Communications, the official Samsung mobile device importer in Israel since 1998, distributing to approximately 550 retail chain points and 600 private stores plus a B2B channel, and operating the country's only Samsung-certified SERVICE MAKER laboratory. The group also retains an in-house drilling services operation with 60+ years of experience and over 450 completed wells, including the Heletz oil field discovery that produced more than 17 million barrels of oil.

The group's revenue model is a mix of construction and infrastructure project contracts (one-time, project-based), residential real estate sales and rentals (one-time development plus recurring rental income), and Samsung product distribution economics (transaction-fee style wholesale-to-retail margins). Customer segments are diversified by construction tender wins, individual and institutional real estate buyers, and a broad retail and B2B channel for mobile devices. The group is controlled by Chairman and owner Yaakov Luxenburg, with CEO Amir Tirosh leading the management team.

Name

Lapidoth Capital

Legal name

לפידות קפיטל בע"מ

Website

https://lapidoth.co.il

Company type

Public

Founded year

1959

Operating status

Operating

Headcount range

11–50 employees

Short description

Lapidoth Capital is an Israeli publicly listed holding company (TA-125, TASE: LAPD) operating through Dania SIV (construction/infrastructure), Africa Israel Homes (residential real estate development and urban renewal), and Sunny Communications (Samsung's official mobile device distributor in Israel), plus a legacy drilling services operation.

Ownership category

akta.pro rank

Product category

Diversified Investment Holding Group (Construction, Real Estate, Telecommunications Distribution, Drilling)

NAICS

Management of Companies and Enterprises (55111), Commercial and Institutional Building Construction (236220), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120)

SIC

Investors, Nec (6799), Operative Builders (1531), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

HoldCo / Permanent Capital ETA (FSANALAE)

akta.pro secondary industry

Office & Corporate Building Construction (IMAFACAA)

Keywords

• Construction infrastructure services
• Residential real estate development
• Mobile device distribution
• Water oil drilling services
• Investment holding group

Headquarters

HQ city

Tel Aviv

HQ country

Israel

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Construction and Infrastructure (Dania SIV): Construction and infrastructure contracting through Dania SIV, one of Israel's largest construction companies, handling residential, commercial, public building, and infrastructure projects.
2. Residential Real Estate Development (Africa Israel Homes): Residential real estate development through Africa Israel Homes, including conventional development, rental housing, TAMA projects, evacuation-construction, and luxury residences. Also includes urban renewal projects through Africa Urban Renewal subsidiary.
3. Telecommunications Distribution (Sunny Communications): Distribution of Samsung mobile phones, tablets, smartwatches, and accessories through official dealership since 1998, serving approximately 550 retail points and 600 private stores, plus B2B sector.

Distribution channels3 records

Core offering

Lapidoth Capital is a publicly traded Israeli holding and investment group that owns and operates subsidiaries in construction and infrastructure contracting (Dania SIV), residential real estate development (Africa Israel Homes, including urban renewal), official Samsung mobile device distribution and after-sales service in Israel (Sunny Communications), and onshore water and oil/gas drilling services. The group also holds and develops strategic land parcels for residential, commercial and assisted-living projects.

Product overview

Lapidoth Capital is a diversified holding company (established 1959, publicly traded on TASE) that operates through three main sectors: (1) Construction and Infrastructure through Dania, one of Israel's largest construction companies; (2) Residential Real Estate Development through Africa Israel Residences, operating the Sabayon community brand; and (3) Mobile Telecommunications Distribution through Sunny Communications as Samsung's official Israeli distributor. The company also maintains drilling operations with 60+ years of experience and engages in strategic land development for residential and commercial use.

Differentiator

Problem solved

Functional benefit

Products and services

• Dania SIV Construction & Infrastructure Services (דניה סיבוס) Construction and infrastructure contracting services covering residential construction, public buildings, roads, railways, bridges, tunnels, parking lots, airports and hospitals, delivered to public and private sector clients in Israel through Dania SIV, one of Israel's largest construction companies and a wholly owned, publicly traded subsidiary of Lapidoth Capital.
• Africa Israel Homes Residential Real Estate Development (אפריקה ישראל מגורים) Residential real estate development services covering conventional development, rental housing, TAMA projects, evacuation-construction, luxury residences under the Sabayon brand, and urban renewal projects through the Africa Urban Renewal subsidiary, for individual homebuyers and households across Israel.
• Sunny Communications Samsung Mobile Device Distribution & Service (סאני תקשורת) Official distribution of Samsung mobile phones, tablets, smartwatches and accessories in Israel through approximately 550 retail chain points, ~600 private cellular stores and a B2B sales channel, with manufacturer warranty service delivered through the only Samsung-certified SERVICE MAKER laboratory in Israel.
• Onshore Water, Oil & Gas Drilling Services Onshore drilling services covering water drilling, oil and gas drilling, research drilling, well abandonment and well proportionality operations, drawing on more than 60 years of accumulated drilling expertise and over 450 completed operations in Israel and internationally under challenging climatic and operational conditions.
• Sabayon Ganei Yehuda Residential Development Project (סביוני גני יהודה) A standalone residential development project comprising 342 housing units in Ganei Yehuda, executed by the Lapidoth group through Africa Israel Homes under the Sabayon brand. Excavation and support work commenced in June 2025, with phased completion expected in 2028 and 2029.
• Mevoot Savion Land Development Project (מבואות סביון) Strategic land development project on approximately 52 dunams in the Savion area, approved for 25 single-family homes, 250 assisted living (protected housing) units, approximately 26,000 sqm of commercial space and approximately 9,000 sqm of upper service commercial and employment buildings.
• Brodetzki 19 Tel Aviv Income-Producing Property (ברודצקי 19) A 50% leasehold interest in approximately 3.5 dunams of land at Brodetzki 19 in Tel Aviv, operated as an income-producing commercial property leased to sub-tenants within the Lapidoth group's real estate portfolio.

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Samsung (via Sunny Communications)coreChannel Partner/ Reseller/ Distributor · 1 January 1998Sunny Communications serves as the official importer and distributor of Samsung mobile phones, tablets, smartwatches, and accessories in Israel since 1998. The company operates the only Samsung-certified laboratory (SERVICE MAKER) in Israel and provides manufacturer warranty services through service centers.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Electra Ltd. Israel-listed infrastructure and construction group with building, electromechanical, and real-estate operations—directly comparable to Lapidoth's construction and infrastructure activity through Dania SIV.
• Ampa Group: Israeli diversified holding operating across real estate, industry, and consumer-facing businesses—comparable in structure to Lapidoth's three-pillar portfolio of construction, real estate, and consumer distribution.
• Delek Group: Diversified Israeli holding with energy, real estate and retail holdings under family-influenced control; comparable to Lapidoth's multi-sector, Israeli-listed, owner-controlled holding structure.
• Ashtrom Group: Major Israeli construction and real-estate group active in residential, commercial, infrastructure, and concessions—directly comparable to Lapidoth's Dania SIV construction arm and Africa Israel Homes development pipeline.
• Property & Building Corporation (PBC): Israel-listed holding company combining real-estate development, construction, and infrastructure activities—overlapping directly with Lapidoth's Dania SIV and Africa Israel Homes segments and serving the same Israeli project market.

Broad incumbents

• Discount Investment Corporation (DIC): Long-standing Israeli diversified holding company listed on TASE with exposure to retail, real estate, and consumer sectors—an analog for Lapidoth's multi-subsidiary, publicly traded, Israeli-conglomerate model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/lapidoth-israel-oil-prospectors-corp-

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Lapidoth Capital