Danel (Adir Yehoshua) is Israel's largest provider of home-care nursing and general HR services. It is also a leader provider of services to people with special needs. The company has been providing a wide range of employment and welfare solutions to its customers for over 30 years, and is listed on the Tel Aviv Stock Exchange. Kedma acquired its controlling position in Danel in 2008. Kedma made a successful exit from Danel in 2011.
Stable Market Trajectory
Stable growth in demand for nursing services is countercyclical.
Divesting of non-core units and refocus on growth and profitability.