Y Stern Engineering Ltd.

www.sternfaucets.com ; www.sternswitches.com

High-Tech Company

Acquired by FIMI VI

TECH VERTICALS

WaterTech

General Data

Sector	Cleantech
Company Stage:	Revenue Growth
Established	1989
Number of Employees	220
Reg. Number:	abCDe

DESCRIPTION

Y Stern develops, manufactures & markets electronic faucets and flushing devices operated by infra-red sensors.

For over 30 years Stern has been a pioneer in designing water saving sanitary products with cutting-edge infrared technology. They now have a worldwide network of local agents and distributors, providing sales support in over 80 countries. Manufactured entirely in-house, our diverse range of products include electronic wall- and deck-mounted faucets, touch-free soap dispensers, electronic flush valves for urinals and toilets, electronic shower controls, shower panels and vandal-resistant shower heads. Stern also produces a large variety of components, including infrared sensors, piezo switches and solenoid valves.

TECHNOLOGY

Electronic Infra-Red Sensor Faucets.

All of their products use state-of-the-art electronics and are operated by precision-crafted infrared sensors or piezo switches.

	TARGET MARKETS
	Construction Industries, Enterprises, Hotels, Hospitals, Public Facilities, Home Owners.

	BUSINESS MODEL
	B2B

CONTACT INFO

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Main Address: Yavne, Israel

Address	15 Gan Rave Blvd.
City	Yavne
Country	Israel
Zip	81222

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title
Mr. Yuval Stern	CEO & Co-Founder
Ms. Mariela Yoffe	VP, Corporate Strategy & Business Development
Mr. Shay Botzer	Head of Engineering
Mr. Gabriel Tache	Head of R&D
Mr. Yossi Stern	Co-Founder

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Chairman	Partner, FIMI
abC Defghij	Board Member	Senior Partner, FIMI
abC Defghij	Board Member	CEO & Co-Founder, Y Stern

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Mar. 31, 2019

Revenue Growth

abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

Jun. 01, 2019

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

R&D Grant

Jun. 01, 2018

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

Last Updated:	abCDe
IVC Number:	abCDe