COAT's online PETITION now!
Stop CPP investments in firms selling military, police, spy or prison-related
products to Israel
This is the online version of
When describing its "major investments" in 15 Israeli firms, DIC says it "is active" in their "direction and management." DICís holdings include:
lNesher Israel Cement Industries (75%): It supplies building materials for Israelís separation wall, and various Israeli infrastructure projects in the occupied territories. The other 25% is owned by CRH plc.
lExpand Networks: Its products increase data-transfer efficiencies for large computer networks. Its customers include NATO and all branches of the US armed forces.
lElron Electronic Industries (48.7%): Elron partnered with Israeli arms maker Rafael, to form the Rafael Development Corp. (RDC). (See Rafael in "State-owned Israeli War Industries.") Elron owns 50.1% of RDC while the rest is owned by Rafael. Through this "Strategic Alliance" with Rafael, Elron say it "initiates and develops new companies, leveraging its exclusive access to the military technologies of Rafael." (Elron partnered with Israelís military in 1966 to create Elbit, the countryís top-ranking war industry.) Elronís VP since 2005, retired Brigadier General Yair Cohen, led special unit 8200, Israelís central military intelligence unit. (See "Israeli Spy Companies.")
lHam-Let Advanced Control Technology (60%): This leading international producer of instrumentation valves and fittings, supplies many industrial sectors, including the military.
lCellcom (46.8%): This company is a leading supplier of cell phone services to Israelís military.
lMakhteshim Agan Industries (MAI): This DIC subsidiary produces agricultural chemicals and "additives for explosives." Its directors include Ephraim Halevy, who began working for Israelís foreign intelligence agency, the Mossad, in 1961. He led the Mossad (1998-2002), before heading Israelís National Security Council (2002-2003). MAIís board also includes Dani Harari, a retired Brigadier General with 32 years in Israelís military.
The online database "Who Profits from the occupation" lists six DIC holdings and says they are complicit in the following categories of complicity in Israelís occupation of Palestine:
(1) Services to settlements: This includes discriminatory services provided solely to the occupants of Israeli settlements, and not to Palestinians.
(2) Israeli Construction on Occupied Land: Israeli housing and infrastructure annex land and resources to Israel, and cut off Palestinians from the same.
(3) Palestinian Captive Market: Providing goods/services to Palestinians at high costs, and exploiting Israelís restrictions on Palestinians who cannot purchase them at competitive prices.
(4) Settlementsí Products: Some Israeli settlements in the occupied territories have businesses, factories or farms that sell products in Israel and/or abroad.
Here are the six DIC holdings cited in "Who Profits." The numbers in parentheses indicate involvement in the above-listed categories of complicity:
lProperty & Building Corp. (1,4)
lKoor Industries (4)
l Makhteshim Agan Ind. (4)
lMaxima Air-Separation (4)
DICís links to the world of Israelís military and intelligence are revealed not only in the companies it controls, but in the company it keeps. Nochi Dankner, DICís chairman and major shareholder, is a "Major (res.) in the Israel Air Force." And, Nahum Admoni, DICís external director (1999-2004), was the chief of Israelís secret intelligence agency, the Mossad, between 1982 and 1989. Admoni also served as a director of Banks Hapoalim and Leumi LeíIsrael. (See Leumi in table "CPP Investments.")
COAT research (published in Issues 66 and 67 of Press for Conversion!) exposes that in 2011 the
CPP owned about $1.5 billion worth of shares in 68 corporations supplying Israel with military, police, surveillance and
To read COAT's research on the first half of
these 68 companies, click the pdf links below
to see the print version of Issue 66. Or, click
each company name for the web version.)
(Articles on the second set of 34 companies
are in Issue #67 of Press for Conversion!):
pdf 3M Co
pdf Amdocs Ltd
pdf Analog Devices Inc
pdf BAE Systems
pdf Bank Hapoalim
pdf Bharat Electronics Ltd
pdf CAE Inc
pdf Carlyle Group
pdf Caterpillar Inc
pdf Cellcom Israel
pdf Cisco Systems
pdf CRH plc
pdf Daewoo Engineering & Construction
pdf Daimler AG
pdf Delek Group
pdf Dell Inc
pdf Discount Investment Corp
pdf Doosan Corp
pdf Eaton Corp
pdf Elbit Systems
pdf EMC Corp
pdf Evraz Group
pdf Fiat Industrial
pdf Fiat SpA
pdf Fujitsu Ltd
pdf Hewlett-Packard Co
pdf Hitachi Ltd
pdf Honeywell International
pdf Hyundai Motor Co
pdf Hyundai Heavy Industries
Additional resources from this issue:
Israeli Spy Companies:
Verint and Narus
State-owned Israeli War
Vertex Venture Capital:
CPP Investments worth $1.5
in 66 companies supporting Israel's military, police, surveillance, prison-industrial complex.
Social Networking - Facebook
Discount Investment Corporation, Wikipedia
Amiram Barkat, "Nesher in talks to sell surplus electricity
to IEC," Globes, June 28, 2010.
"A cell-phone holder in every tank," Globes, April 11,
Customers / Government
A Strategic Alliance - Elron and Rafael
Ham-Let Advanced Control Technology
Makhteshim-Agan Industries Ltd.
Global Leadership Group
"Who Profits from the occupation"