The article belongs to the category:Deals & Cases

YOCHANANOF IS ACQUIRING CONTROL OF ZOL STOCK AND IS CONSIDERING AN IPO FOR THE CHAIN

March 2021

The food chain is expanding its activity to the field of discount (‘stock’) stores. It is acquiring control (50.1%) of the Zol Stock chain for NIS 45 million, based on a valuation of NIS 90 million. Yochananof intends to conduct an IPO for the company based on a valuation of NIS 300 million. Yochananof was represented by Partner Amnon Sorek.

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