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Maytronics
3 stories about Maytronics
Currency headwinds push Israeli pool-robot giant Maytronics into the red
31.08.26
|
Golan Hazani
The pool-cleaning robot maker, which is negotiating with FIMI fund over the acquisition of control, posted a 15% decline in quarterly sales.
The long fall of Maytronics, from a $3.1 billion star to a potential FIMI takeover
17.08.26
|
Golan Hazani
The pool robot maker's market value has collapsed as pandemic-era demand faded, Chinese competition intensified and the company struggled to adapt to online sales.
Pool-cleaning robot maker Maytronics is looking to resurface following a deep dive in value
21.08.25
|
Almog Azar
Maytronics posted a sharp decline in its second-quarter results, sending the stock down 13% and dragging its market value to 448 million shekels. Just four years ago, it was valued at 9.1 billion shekels. The CEO has announced his resignation.