Gad Dairies has announced plans for an initial public offering on the Tel Aviv Stock Exchange, aiming for a valuation of seven hundred and twenty-five million shekels. The company seeks to raise two hundred and eighty million shekels, with most of the proceeds financing a move to a new site in Timorim that will double its production capacity. The remainder will allow existing shareholders, including Green Lantern Capital, to partially exit their investments.

Founded in nineteen ninety-two by Ezra Cohen, Gad Dairies has steadily increased its market share in Israel and also exports to the United States. The company reported strong financial results in the first quarter, with revenue up nine percent and net profit rising seventy-eight percent year-on-year. The new Timorim site, which includes a logistics center, is expected to significantly boost annual profit.

Gad Dairies recently agreed to acquire a majority stake in Wyler Farm, a producer of tofu and plant-based milk alternatives, as part of a strategy to compete in the growing market for non-dairy products. The company plans to launch a new brand, 'Feel Gad', this year. The IPO prospectus also details a series of insider transactions involving founder Ezra Cohen and family members, including long-term leasing and exclusive supply agreements.