Carmit

What Carmit does

Carmit is an Israel-based food company engaged in the manufacture, import, and export of food products across multiple categories. The company was founded in 1973 and is headquartered in Rishon Le Zion. It operates as a publicly traded entity on the Tel Aviv Stock Exchange under the ticker CRMT. The firm employs between 51 and 100 people, positioning it as a small-cap participant in the Israeli food sector with a multi-decade operating history.

The company's business model is built on three pillars: domestic manufacturing of food products, importing food products for the Israeli market, and exporting food products to foreign markets. This dual import/export posture suggests Carmit serves as both a producer and a distribution intermediary, leveraging Israel as a hub for cross-border food trade. Its public listing implies compliance with ongoing financial disclosure requirements, though the supplied data does not include specific financials, product line details, customer rosters, or pricing information.

Information regarding Carmit's specific product portfolio, customer segments, distribution channels, partnerships, certifications, and management team beyond founder Lenny Saxtin is not available in the supplied source material. The company website (carmit.co.il) was inaccessible at the time of data collection, returning only a loader/verification page, which materially limits the depth of insight available. As a result, this analysis is constrained to the firmographic and high-level operating descriptors provided.

Name

Carmit

Website

https://carmit.co.il

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

51–100 employees

Short description

Carmit is a publicly traded Israeli food company founded in 1973 that manufactures, imports, and exports food products across multiple categories. Headquartered in Rishon Le Zion with 51-100 employees, it serves domestic and international markets under TLV:CRMT.

Ownership category

akta.pro rank

Headquarters

HQ city

Rishon Le Zion

HQ country

Israel

HQ region

Middle East

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales

Core offering

Carmit specializes in the manufacture, importation, and exportation of food products across multiple categories. Founded in 1973 and headquartered in Rishon Le Zion, Israel, the company operates as a publicly traded food manufacturer with 51–100 employees, producing and trading food products for distribution in domestic and international markets.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights2 records

Broad incumbents

• Tnuva Food Industries: Tnuva is Israel's largest dairy and food manufacturer with extensive processing, import, and export activities. It is comparable to Carmit in the broad sense of being a diversified Israeli food manufacturer, though it is significantly larger and dairy-centric.
• Strauss Group: Strauss Group is a major Israeli food and beverage conglomerate operating across multiple food categories. It is comparable to Carmit as a domestically rooted, diversified Israeli food manufacturer with international distribution, but at materially larger scale.
• Mondelēz International: Mondelēz is one of the world's largest snack and confectionery manufacturers. It is comparable to Carmit as a globally active food manufacturer and exporter, but with a far broader category footprint and brand portfolio.
• Osem (Nestlé Israel): Osem is one of Israel's largest food manufacturers, producing a broad portfolio of branded grocery products. It is comparable to Carmit as a multi-category Israeli food producer serving both domestic and export channels, though it is now part of the global Nestlé portfolio.
• Mars, Incorporated: Mars is a global food and confectionery manufacturer with extensive international operations. It is comparable to Carmit as a manufacturer and exporter of food products, though at vastly larger scale and with a global brand portfolio.

Direct peers

• Elite (Elite Industries): Elite is a leading Israeli confectionery and food manufacturer with both domestic production and export operations. It is closely comparable to Carmit as a publicly listed Israeli food company engaged in manufacturing and exporting branded food products.

Regional players

• Tiv Taam Holdings: Tiv Taam is an Israeli food retailer and producer focused on specialty and international food products. It is comparable to Carmit as a publicly listed Israeli food business operating in specialized food categories, though its primary business model is retail rather than manufacturing.
• Mega Or Holdings (Pazel Group): Mega Or is an Israeli food manufacturer focused on confectionery and specialty food products with international distribution. It is comparable to Carmit as a small-to-mid-cap Israeli food manufacturer exporting branded products.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat2 records

Key risks4 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Carmit