Our firm represented Av-Shal Investments and Trade Ltd., a subsidiary of Mashav Initiation and Development, Ltd. within the Clal Industries Group in a transaction for the sale of its holdings in Israel Shipyards in consideration for a total of NIS 138 million. The purchasers were entities controlled by the remaining shareholders of the Israel Shipyards.
Av-Shal Investments and Trade was represented by Doni Toledano, Dan Sella and Jonathan Achiron.