We are proud to announce that our firm represented Shapir Engineering and Industry Ltd. in the sale of its entire holdings in the natural gas distribution companies Super NG and Super NG Hadera and HaAmakim to Allied Group for NIS 230 million.
The Super NG companies hold licenses to distribute natural gas across extensive areas of Israel and operate distribution networks connecting industrial and institutional consumers to the national natural gas transmission system. The transaction marks an important step in Shapir’s strategy to divest mature business operations and redirect resources toward its core businesses and new projects.
The transaction was handled by an Arnon team led by David Schapiro, together with Eliran Furman, Evyatar Katz and Sammy Liebert, with employment law support from Neta Goshen-Barami.
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