Delta Galil Industries (TASE: DELG): founded 1975 in Israel. $2.12B revenue 2025. 25,000 employees. CEO Isaac Dabah holds 49%. Manufactures for the world's biggest apparel brands.
The Builders | Olam.business
Delta Galil Industries (TASE: DELG), founded in 1975 by Dov Lautman and Eliezer Peleg, is a global designer, manufacturer, and marketer of intimate apparel, activewear, loungewear, and denim, supplying private-label and licensed product to some of the world's largest fashion brands. Isaac Dabah became controlling shareholder in stages between 2005 and 2007 and now holds approximately 49.21 percent of the company. Delta Galil posted record 2025 sales of $2.12 billion.
At a Glance
| Founded | 1975, by Dov Lautman and Eliezer Peleg |
| Headquarters | Caesarea, Israel |
| Ticker | TASE: DELG (listed 1982) |
| Controlling shareholder | Isaac Dabah, CEO — approximately 49.21%, via GMM Capital |
| Chairman | Noam Lautman |
| 2025 revenue | $2.12 billion (record, +4% year over year) |
| 2026 guidance | Sales of $2.29–$2.33 billion; net income of $116–$123 million |
| Employees | Approximately 25,000 across four continents |
| Brands | Own brands include Delta, Splendid; licensed lines include 7 For All Mankind, adidas, Wolford, Tommy Hilfiger, Polo Ralph Lauren, Columbia, Wilson |
From Two Israeli Factories to a Global Apparel Platform
Delta Galil was founded in 1975 by Dov Lautman, an MIT-trained mechanical engineer, and Eliezer Peleg, starting with two factories in Israel focused on innovation in men's intimate apparel. Between 1976 and 1980 the company expanded production and its workforce across the Galilee region, building the manufacturing base that gives the company its name. Delta Galil listed on the Tel Aviv Stock Exchange in 1982.
The ownership structure shifted decisively in the 2000s. In 2005, Isaac Dabah, through his GMM Capital vehicle, acquired a substantial stake in the company from Sara Lee. In 2007, founder Dov Lautman divested a significant portion of his own holdings to Dabah, making him the controlling shareholder — a position he has held since, expanding the company's growth strategy, entering new markets, and building out global manufacturing, marketing, and sales operations.
What Delta Galil Makes and Who Wears It
Delta Galil designs, manufactures, and markets branded and private-label apparel for men, women, and children: underwear, bras, socks, baby clothing, leisurewear, nightwear, activewear, denim, knitted fabrics, and elastic trims. The company operates three dedicated R&D centers for socks and bras. Its own brands include Delta and Splendid; its licensed portfolio spans 7 For All Mankind denim, and licensed collections for adidas, Wolford, Wilson, Columbia, Tommy Hilfiger, and Polo Ralph Lauren, among others. In 2024, Delta Galil formed a joint venture with India's Reliance Industries to enter the Indian market.
Record 2025 Sales Amid Tariff Pressure
Delta Galil reported record first-quarter 2025 sales of $498.7 million, up 11 percent year over year, with online sales of its own brands up 21 percent. CEO Isaac Dabah acknowledged that evolving US trade policy had made the operating environment "more complex," and the company withdrew its full-year guidance mid-year amid tariff uncertainty, noting that roughly 30 percent of its revenue was subject to US tariff exposure, with an anticipated 2025 impact of up to $20 million.
Despite that pressure, Delta Galil closed 2025 with record full-year sales of $2.12 billion, up 4 percent, driven by continued growth in direct-to-consumer sales of its own brands, which rose 15 percent for the year. Gross profit reached a record $900.3 million, with gross margin improving to 42.5 percent. Fourth-quarter 2025 sales reached a record $611.1 million. The company guided for 2026 sales of $2.29 billion to $2.33 billion, with net income of $116 million to $123 million — high-single-digit revenue growth alongside double-digit profit growth.
Why Delta Galil Matters in Israel
Delta Galil is one of the oldest and largest Israeli industrial exporters still operating under founder-descended and founder-successor control, and one of the clearest examples of an Israeli manufacturing company competing at global apparel-supply-chain scale rather than through the country's more familiar technology-exit path. Isaac Dabah's consolidation of control in the mid-2000s, and the company's subsequent growth into a $2 billion-plus revenue platform supplying some of the largest global fashion brands, makes it a reference case for durable Israeli industrial ownership transition.
Frequently Asked Questions
Who owns Delta Galil Industries?
Isaac Dabah is the controlling shareholder, holding approximately 49.21 percent through his GMM Capital vehicle. He became the principal shareholder in stages between 2005 and 2007, acquiring a stake from Sara Lee and then from founder Dov Lautman. Noam Lautman serves as chairman.
Who founded Delta Galil?
Dov Lautman, an MIT-trained mechanical engineer, and Eliezer Peleg founded the company in 1975, starting with two factories in Israel focused on men's intimate apparel.
How much revenue does Delta Galil generate?
Delta Galil reported record 2025 sales of $2.12 billion, up 4 percent year over year, and has guided for $2.29 billion to $2.33 billion in 2026 sales.
What brands does Delta Galil manufacture for?
Delta Galil manufactures and markets its own brands (Delta, Splendid) alongside licensed lines including 7 For All Mankind, adidas, Wolford, Wilson, Columbia, Tommy Hilfiger, and Polo Ralph Lauren.
How many people does Delta Galil employ?
Approximately 25,000 employees across four continents as of 2024–2025 reporting.
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מהי דלתא גליל תעשיות?
דלתא גליל תעשיות (בורסת תל אביב: DELG), שנוסדה ב-1975 על ידי דב לאוטמן ואליעזר פלג, היא חברה גלובלית לעיצוב, ייצור ושיווק ביגוד תחתון, בגדי ספורט, ביגוד פנאי וג'ינס, המספקת מוצרי מותג פרטי ומותגים מורשים לחלק מהמותגים הגדולים בעולם. יצחק דבח הפך לבעל השליטה בין 2005 ל-2007 ומחזיק כיום כ-49.21% מהחברה. דלתא גליל דיווחה על מכירות שיא של 2.12 מיליארד דולר ב-2025.
The Olam Editorial Team | The Builders / הבונים
