The transaction for the sale of G.E.S. between Azrieli Group Ltd. and Generation Capital Ltd. was successfully signed

Date: 18/05/2020

We are happy to announce, that the agreement, on the transaction for the sale of G.E.S. Global Environmental Solutions Ltd., between Azrieli Group Ltd. (the Seller), and Generation Capital Ltd. (the Buyer) was successfully signed, and from now, GES is 100% owned by Generation Capital Ltd.

Generation Capital is a listed Energy & Infrastructure Investment fund, with assets worth more than 1 Billion NIS, that provides exposure to investments in infrastructure and energy, with an emphasis on improvements and value creation.

Under the new ownership that committed to GES’s success, we will continue to move forward and provide the best available environmental solutions to our clients.