NEWS
FIMI Opportunity Funds bought 70% of home care and healthcare services group Amal at a company valuation of NIS 1 billion. Guez Partners acted as Amal's financial adviser.
Harel & Ashtrom Group Invest EUR 41 m in Poland's Largest Wind Energy Project
Israeli insurance group Harel, and real estate group Ashtrom, partner with Israel Infrastructure Fund and invest EUR 41 m in Potegowo, the largest on-shore wind energy farm in Poland, having a total capacity of 257 MW. Guez Partners acted as the financial adviser of the project developer, Mashav Energia.
Cellcom Completes Golan Telecom Acquisition
Israeli operator Cellcom purchased its domestic rival Golan Telecom in an ILS 650 million (c. $195 million) deal, creating the largest player in the mobile market with more than 3.6m subscribers. Guez Partners acted as Cellcom's exclusive financial adviser in this transaction, which marks a significant milestone in the Israeli telecommunication market.
Reusable Packaging Company Tosca to Acquire Polymer Logistics
Tosca, a US company specializing in reusable packaging and supply chain solutions, has agreed to acquire Polymer Logistics, which offers innovative reusable plastic containers and retail merchandising systems to leading retailers, growers and FMCG suppliers across Europe and the US. Guez Partners acted as Polymer's exclusive financial adviser in this exciting transaction.
Cellcom & IIF Announce Definitive Agreements for Investment in IBC
Cellcom and Israel Infrastructure Fund ("IIF") purchased 70% of IBC's share capital from its current shareholders, and entered into a shareholders agreement with IEC, which retains a 30% stake in IBC. This complex transaction, in which Guez Partners acted as the financial adviser for Cellcom, also included an agreement defining Cellcom's Indefeasible Right of Use ("IRU") in IBC's fiber optic infrastructure, an updated services agreement between IBC and IEC, and a term sheet for the sale of Cellcom's independent fiber-optic infrastructure in residential areas to IBC.