Two significant transactions were completed as part of the Ministry of Defense’s logistics centers project.
After a lengthy and complex process, two share sale transactions have been finalized: the sale of Orian’s holdings to Shapir and a subsequent sale of an equivalent portion of holdings by Shapir to the Noy Fund.
The transactions involved extensive negotiations with each party, alongside a rigorous approval process with the Ministry of Defense and the lenders’ syndicate, led by Bank Leumi.
This process required coordination with four distinct parties, securing of final approvals from all stakeholders, and adherance to tight deadlines as it had to be completed before the year’s end.
We are proud to have been advising Shapir and its partners on this project since its inception into tenders six years ago, culminating in our representation of Shapir in these successful transactions.
This groundbreaking round was led by partners David Schapiro and Nitzan Kahana, along with attorneys Eden Cohen, Sammy Liebert, and intern Tama Sicron.
