Gornitzky represents ‘Dan Group’ in a complex purchase transaction to sell “Lahav Warehouse” retail, a supermarket chain held by Dan Group, to ‘Freshmarket’ Ltd.’, for an amount exceeding NIS 90 million.
As part of the transaction, our legal team dealt with various legal aspects regarding M&A, Antitrust, Corporate, etc. Moreover, as part of the transaction’s condition precedents, the parties were obligated to receive the Israeli Antitrust Commissioner’s approval for the acquisition, as well as to receive the consent of the lessors of the properties on which Lahav Warehouse supermarkets operated, in order to assign the relevant leases to Freshmarket Ltd.
Dan Group was represented by Kfir Yadgar (Picture), Yiftah Farber (partner) and Maya Dvir.
Law Firms: Gornitzky & Co.;
Clients: Dan Group;