Company type | Private |
---|---|
Industry | Cosmetics |
Founded | 1988 |
Headquarters | Holon, Israel |
Products | Skin care |
Revenue | $150 million |
Owner | Fosun International |
Number of employees | 200 |
Website | http://www.ahava.com/ |
Ahava Dead Sea Laboratories, Limited (Hebrew: אהבה, Love) is an Israeli cosmetics company with headquarters in Lod[1] that manufactures skin care products made of mud and mineral-based compounds from the Dead Sea. The company has flagship stores in Israel, Germany, Hungary, South Korea, the Philippines and Singapore.[2] As of 2015[update], Ahava income was more than US$150 million a year.[3] In 2015, the Chinese conglomerate Fosun International agreed to purchase a controlling share of the company, which has been valuated to ca. NIS 300 million ($77 million USD).[4]
Ahava products have been the target of the Boycott, Divestment and Sanctions movement because it operates in an Israeli settlement in the West Bank.[5][6][7][8]
The company's administrative headquarters are currently located in Holon, while the main manufacturing plant and showroom are in Mitzpe Shalem,[a 1] an Israeli settlement and kibbutz located on the Dead Sea in the West Bank.[9][10]
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