Ashot Ashkelon Industries Ltd (tase: ASHO) is an Israeli manufacturer of build to print products such as: gears, transmissions and gearboxes to the Aerospace,[1] Military, and Automotive industries. Headquartered in Ashkelon, it has 560 employees.[2]
Ashot was a subsidiary of the Israel Military Industries Ltd. (IMI, also known as IMI Systems and later Elbit Systems Land)[3] and is publicly traded on the Tel Aviv Stock Exchange. Following the purchase of IMI by Elbit Systems in 2018, it was controlled by Elbit Systems Land.
On June 30, 2022, FIMI Opportunity Funds acquired a majority stake in Ashot for $84 million.[4]