Meshek Energy to become one of the largest energy companies after acquiring 40% of Dalia Energy
Meshek Energy has signed an agreement to buy 40% of Dalia Energy from Mishkei Hakibbutzim, a major commercial organization of the kibbutzim in Israel, at a value of NIS 3.2 billion.
Mishkei Hakibbutzim is the owner of one of the largest private power plants in Israel.
Upon completion of the transaction, Meshek Energy will become one of the largest companies in the kibbutz sector and a leading player in the Israeli energy market, valued at approximately NIS 2 Billion.
Meshek Energy was supported by a long line of partners and associates from various departments at Herzog Fox & Neeman, including the commercial, infrastructure, environment, labour, real estate, competition and antitrust department. The transaction was by partner Nir Dash, and associates Yotam Kleiman and Raz Meltzer.
Uzi Mor, partner and Head of Lipa Meir’s Commercial Department, and partner Lilach Hoek represented Mishkei Hakibbutzim in this landmark transaction, together with partners Esther Koren and Ifat Sheftel from Gross Law Firm.
