Yossi and Shlomi Amir acquire controlling share of Israel’s largest supermarket chain, Shufersal

Categories: Banking & Finance, Corporate and M&A

Brothers, Yossi and Shlomi Amir have acquired 24.99% stake in Israeli supermarket chain, Shufersal.

Discount Bank will provide the financing – amounting to NIS700 million, according to Calcalist – for the acquisition of control of Shufersal. The brothers will buy the shares from six institutional entities: Nora, Harel, Clal, Migdal, Phoenix ​​and Altshuler Shaham.

Shibolet & Co. advised Yossi and Shlomi Amir on their acquisition. The transaction was guided by Itshak Cohen-Yehonatan, with the support of Inbar Eitan Goldstein, Keren Maimon-Sandler, Gil Rosenberg, Ido Peleg and Ido Blumenfeld.

Herzog represented Israel Discount Bank in Financing Amir Group’s Acquisition of 24.9% Stake in Shufersal Ltd. for NIS 1.5 Billion. The team was led by Irit Roth and Roy Nachimzon, co-heads of the Banking and Finance Department, with Nir Miller and Itay Ben Eliyahu.
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