MBK Public Company Limited (MBK.R)

Overview

Lapidoth Capital Ltd is a diversified operator based in Tel Aviv-Yafo, Israel, with a rich history dating back to its incorporation in 1959. This company has expanded its core offerings in drilling and auxiliary services for the oil, gas, and water sectors to include a variety of other business activities. Lapidoth Capital not only specializes in the intricate design and operational execution of onshore drilling related to oil, gas, and water but has also ventured into oil and gas exploration and production. Beyond its primary focus, the company trades in an array of consumer goods ranging from apparel to electronics and also partakes in financial market operations. Through its multifaceted approach, Lapidoth Capital demonstrates a unique blend of expertise in both industrial operations and consumer product trading, alongside a strong presence in the capital markets.

Products and Services

• Drilling and Production Services

Lapidoth Capital Ltd delivers comprehensive drilling and production services tailored to the oil, gas, and water industries. This includes the design and operation of onshore drilling sites, with an emphasis on efficiency and environmental responsibility. Their services extend to drilling, downhole geophysical logging, cementation, and perforation among others, ensuring a full spectrum of offerings for exploration and production efforts.

• Auxiliary Services for Exploration and Production

To complement its drilling operations, Lapidoth offers a range of auxiliary services critical for exploration and production. This includes CCTV monitoring for operational integrity, petrophysics and reservoir engineering for analytical support, logistics for streamlined operations, along with research drilling and soil sampling for preliminary site assessment.

• Wireline Equipment and Services

The company provides specialized wireline equipment and services for a variety of applications. This segment caters to oil, gas, and water wells, in addition to mineral and geotechnical boreholes, emphasizing the company’s role in supporting subsurface exploration and evaluation efforts.

• Oil and Gas Exploration and Production

Lapidoth is actively engaged in oil and gas exploration, leveraging its extensive industry knowledge and technological capabilities to identify and develop viable energy resources. A notable part of its portfolio is the Heletz field, highlighting the company's commitment to contributing to Israel's energy sector.

• Consumer Goods Trading

Beyond its industrial operations, Lapidoth Capital trades in a wide range of consumer goods. The product lineup includes apparel, sporting and outdoor goods, footwear, watches, accessories, and jewelry, catering to a broad consumer base with diverse preferences.

• Technology and Electronics Distribution

The company has a division dedicated to distributing technology and electronics, notably Samsung mobile phones. This aspect of the business indicates Lapidoth’s adaptability and its strides towards embracing retail and commercial sales in the tech industry.

• Capital Market Operations

Lapidoth Capital Ltd also operates within the capital markets, engaging in marketable securities investments and capital market transactions. This diversification reflects the company’s strategy to balance its industrial services with financial market activities, aiming to optimize its investment portfolio and financial health.