The Israeli cosmetics firm Ahava will be fully acquired by a Chinese investment group for $77 million. The Fosun Group on Sunday night in Jerusalem signed an agreement to purchase the Dead Sea skin care products company, the Israeli business daily Globes reported. Ahava has been a target of the Boycott, Divestment and Sanctions movement…
Chinese business conglomerate has agreed to become the majority shareholder of the Israeli Ahava Dead Sea minerals cosmetics company for close to $76.5 million. The final number of shares China’s Fosun International will buy has yet to be determined, but the company, mainland China’s largest private-owned conglomerate, signed an agreement to become the majority owner,…
The Ahava Dead Sea minerals cosmetics company, under pressure for operating in the West Bank, is considering opening a manufacturing plant inside Israel’s sovereign borders. The company, owned by Kibbutz Mitzpe Shalem, located about one mile from the Dead Sea in the eastern West Bank, is considering opening a new production plant in the Tamar…
Abigail Disney, a descendant of one of the Disney Company founders, has announced that she is disclaiming her share of the family’s investment in the Israeli cosmetics company Ahava, due to the fact that it is located in the West Bank and is engaged in the “exploitation of occupied natural resources.” Disney announced Monday that…
I sent Boychik off to his summer program in Israel with an extra $100 in his pocket and instructions to bring me back as much Ahava hand cream as that will buy. Ahava is my favorite — smells nice, absorbs quickly and does what it’s supposed to — but it’s too pricey here in the…
100% of profits support our journalism
