Announced
Completed
Financials
Sources
Tags
Single Bidder
Private
Majority
Private Equity
Transportation Services
Friendly
Acquisition
Completed
Cross Border
transportation
Israel
Synopsis
Generation Capital, an investment company, completed the acquisition of a remaining 51% stake in Bon Tor, a transportation group, for $100m. “Bon Tor enjoys advantages for size, efficiency and high operational flexibility alongside significant and stable cash flow. The transportation market in Israel is expected to grow significantly in the coming years, among other things, due to significant investments in the field by the state in all segments, and Bon Tor is expected to benefit from this growth," Erez Balsha, Generation Capital CEO.
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