Clal Motors has been acquired by Shlomo Group
Clal Industries has sold Clal Motors to Shlomo Group.
Clal Motors is a franchise holder for the BYD motor vehicle company and importer of electrical buses.
Shlomo Group is one of the largest investments and holdings groups in Israel. It operates in the automotive, real estate, telecom, insurance, shipyards and logistics sectors.
Clal Industries is one of Israel’s leading investment companies. It owns a portfolio of investments that includes heavy industry, biotechnology, hi-tech and energy companies.
Oaklins' team in Israel acted as the exclusive advisor to the seller in this transaction.
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