According to FUNDER website data,
42 mutual funds hold NIS 43.42 million in Shaniv
Funds that hold significant holdings in the stock – for the full list of holdings
The following is a change in the holdings of mutual funds in the Shaniv share according to FUNDER-MVF data
In a partnership agreement signed last night between Shaniv Paper Industries and Opel Packaging Ltd., the former will invest NIS 25.5 in exchange for an allotment of 51% of Opel’s share capital.
Shaniv Paper Industries operates in the consumer products industry and specializes in the production of paper products, cleaning, toiletries, cosmetics, automotive and industrial products.
Among Shaniv’s most prominent brands is Touch, one of the growing cleaning brands in Israel, to which Shaniv has recruited in the past year Ilanit Levi As a presenter.
Opel, from which it acquired two 51% of the shares for NIS 25.5 million, employs about 100 people and is engaged in the production, import, packaging, marketing and distribution of aluminum foil molds, nylon products, packaging and paper.
As part of the partnership deal, Shaniv will expand its product and service basket, expand its sales network and enjoy quick entry into new areas of activity.
Opel will continue to operate in its current format, both in business and operations.
In a letter from Sheniv’s CEO, Pesach Brent Brent told the company’s employees and managers about completing the deal:
“The completion of the transaction promotes the company’s vision to be a leading manufacturer and marketer in the field of consumer products in Israel. Opel is a quality, veteran and reliable manufacturer and its products increase the product basket in which the company is active, Opel will continue to conduct itself with existing employees and managers who do their job faithfully and with great success.