Transactions

Haifa Port Company Ltd.

January 2023

We are proud to announce the closing of the competitive privatization of the Haifa Port Company Ltd., after a long process of almost 3 years. Haifa Port Company was sold to a consortium including Indian company ADANI PORTS, which operates worldwide, and the local chemicals and logistics GADOT Group for approximately NIS 3.9 billion.

Our firm advised the Governmental Companies Authority and the Ministry of Finance throughout the process, in a variety of practice matters including corporate, contractual, corporate finance and business aspects; tender and administrative law; competition law, labor law, litigation and more.

Atty. Rona Bergman Naveh, Partner of the Mergers and Acquisitions department of our firm, led the deal together with Atty. Tal Danon Shenhav, Partner and Head of our Infrastructure Department, who led all tender and administrative matters.

The Gross & Co. team for the transaction included Advocates Daniel Shpitzer, Tal Azaria and Polina Logvin.

For more details (In Hebrew)>  ynet | calcalist