Ronin Investments Managing Company takes major stake in AVT

Ronin Investments Managing Company Ltd has acquired close to 25 percent of AVT (Advanced Vision Technology) shares. Ronin, managed by Ms Nurit Nahum, acquired the shares at the Frankfurt Stock Exchange where AVT is listed with a market value of approximately US$80 million. AVT is a developer of machine vision-based process control and quality assurance solutions for the printing industry.

Ronin's investment in AVT follows its strategy based on investing in medium-sized companies, with long-term cash flow and growth potential. Ronin was impressed by AVT’s achievements and results, and by the potential inherent in the company and its management. AVT has been managed for 10 years by Shlomo Amir.

Ronin Investments Managing Company is a private investment company, based in Tel Aviv, Israel, founded a year and a half ago. Ronin invests in a wide portfolio of companies in varied industries and geographical areas.

AVT's management is reportedly pleased with the investment and has expressed satisfaction that the Ronin Investments Managing Company has become an important shareholder. AVT believes that the investment will enable the company to better implement its strategy.