Mishkei Hakibbutzim is to acquire control of Meshek Energy in a shakeup of the energy sector
Categories: Corporate and M&A, Projects & Energy
Mishkei Hakibbutzim is to acquire control of the public company, Meshek Energy, in a transaction valued at over NIS 2 Billion and creating one of the largest and most diverse energy groups in Israel.
Mishkei Hakibbutzim, a major commercial organization of the kibbutzim in Israel, will sell to Meshek Energy 40% of its holdings in Dalia Power Energies, the largest private electricity producer in Israel. In exchange, Mishkei Hakibbutzim will receive approximately 70% of the shares of Meshek Energy.
Uzi Mor, partner and head of Lipa Meir & Co‘s Commercial department, represented Mishkei Hakibbutzim in this landmark transaction.
