FIMI Opportunity Funds NIS355 million acquisiiton of 59% stake in Hadera Paper

1/7/2015

Public acquisition

Value:

Af 355 million

Status:

Completed

Date:

1/7/2015

Overview:

FIMI Opportunity Funds has acquired a 59.1% stake in Hadera Paper from Clal Industries for NIS355 million.
Hadera Paper is a manufacturer of packing and writing paper and cardboard.
FIMI Opportunity Funds is Israel's largest private equity entity by funds managed.

Sam Duke - Editor

Jurisdiction:

Israel

Deal type:

Public acquisition

Practice areas:

Private equity
M&A

Industry sector:

Industrials and manufacturing

Firms:

FISCHER (FBC & Co.)

Party: Clal Insurance Enterprises Holdings (Seller)

Lawyer: Avraham Well

Naschitz Brandes Amir

Party: FIMI Opportunity Funds (Acquirer)

Lawyers: Anat Igner, Daniella Ben Shalom, Einat Rosu, Sharon A Amir

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