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Topgum Triples Capacity With $30M Investment In New Plant

Jan 24, 2022over 3 years ago

Amount Raised

$30 Million

Tel Aviv

Description

Gummy supplement manufacturer TopGum Industries, Ltd. has begun construction of a new, $US30M, 11,000m2 plant 1.5 hours south of Tel Aviv. The facility, joining the company's existing production plant, is expected to be fully operated in mid-2023 and triple the TopGum's production capacity.

Company Information

Company

Top Gum Ltd

Location

Tel Aviv, Tel-Aviv District, Israel

About

TopGum Industries, Ltd. was founded in 2004, and within a few years, the company positioned itself as a leader in the Israeli confectionary market, establishing sizeable production capabilities for high-quality gummies. TopGum launched its functional gummy supplements portfolio in 2019, following years of intensive R&D and investment in a state-of-the-art GMP- and UL-qualified facility. The company provides top-tier brands to the dietary supplement and food industries in more than 20 countries across the world.

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