Ellomay Capital to Sell Controlling Stake to Nofar Energy

Reuters
2025/12/17
Ellomay Capital to Sell Controlling Stake to Nofar Energy

S. Nechama Investments (2008) Ltd., Kanir Joint Investments (2005) LP, and Anat Raphael, who collectively hold approximately 45.9% of Ellomay Capital Ltd.'s outstanding share capital, have agreed to sell their holdings to O.Y. Nofar Energy Ltd., a public company listed on the Tel Aviv Stock Exchange. According to the companies, the transaction is expected to facilitate an orderly transition of ownership, with Ellomay Capital continuing its regular operations and retaining its management team, including CEO Ran Fridrich. Following the completion of the transaction, Nofar may appoint up to four directors to Ellomay Capital's board, replacing an equivalent number of current directors, while Ran Fridrich will remain as CEO. The closing of the deal is subject to certain regulatory approvals, and there is no current assurance regarding the timing or completion of the transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ellomay Capital Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9603283-en) on December 16, 2025, and is solely responsible for the information contained therein.

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