Averbuch Formica Center Ltd. engages in the marketing and manufacture of raw materials for the furniture, interior design, and construction industries. It operates through the following segments: Wood Products, Parquets, and Real Estate. The Wood Products segment imports and markets wood products. The Parquets segment deals with the import, marketing, and distribution of parquet and related products. The Real Estate segment finances residential real estate projects. The company was founded by Mordechai Averbuch in 1958 and is headquartered in Ramla, Israel.