Representing Plasan Sasa in Its Merger Transaction with Charmochrom

Representing Plasan Sasa in Its Merger Transaction with Charmochrom

Einat Weidberg, Yoav Manor, Keren Gugel, and Niv Lasky, together with Keren Maimon-Sandler, Gil Rosenberg, Galit Ofer, Ido Blumenfeld, Omer Segev, Mika Rahav, and Yoav Ben-Porat, represented Plasan Sasa, owned by Kibbutz Sasa, which develops protective systems for armored combat vehicles and survivability solutions for naval and aircraft platforms, in its merger transaction with Charmochrom, a manufacturer of metal parts and components for defense companies owned by Manor Evergreen Fund and the Lavi family. As a result of the merger, Charmochrom will constitute Plasan’s third operating arm, and according to media reports, the parties intend to pursue an IPO of the merged company at a valuation of at least NIS 2 billion.

Read the full article in Calcalist

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