29 04 2016

Fosun acquires Ahava Dead Sea Laboratories Ltd. for $77.2 Million

HFN, Gornitzky and Barnea & Co. have advised on the deal


Fosun International Limited engages in pharmaceutical and healthcare, property development, iron and steel products, mining, asset management, and insurance businesses primarily in Mainland China and Hong Kong. The company, led by Xinjun Liang, Qunbin Wang, Guangchang Guo, Guoqi Ding and Xuetang Qin.
AHAVA Dead Sea Laboratories Ltd. develops and manufactures beauty products for consumers worldwide. The company, led by Ron Michael, is based in Lod (Israel). HFN represented Fosun in the acquisition with a team including Ran Hai (Picture) and Yair Geva. Gornitzky represented the shareholders of AHAVA (Gaon Holdings, the Livnat family, Shamrock Israel Growth Fund, Kibbutz Mitzpeh Shalem and Kibbutz Kalia) with a team including Chaim Friedland (Partner, Corporate/M&A), Yoav Meer  (Corporate), Nir Knoll (Corporate), Daniel Skald (Tax), Bar Sarafian (Employment). Micky Barnea, Ariella Dreyfuss and Itay Gura from Barnea & Co, Law Offices represented Kibbutz Mitzpe Shalem, one of the selling shareholders.   Involved fees earner: Michael Barnea - Barnea & Co.; Ariella Dreyfuss - Barnea & Co.; Itay Gura - Barnea & Co.; Ran Hai - Herzog Fox & Neeman; Yair Geva - Herzog Fox & Neeman; Chaim Friedland - Gornitzky & Co.; Yoav Meer - Gornitzky & Co.; Nir Knoll - Gornitzky & Co.; Daniel Skald - Gornitzky & Co.; Bar Sarafian - Gornitzky & Co.;

LATEST ISSUE
Powered by Share Trading

POPULAR ARTICLES
LE FONTI AWARDS - AWARDING WORLDWIDE CORPORATE EXCELLENCE IN INNOVATION

09/05/2018

LE FONTI AWARDS - AWARDING WORLDWIDE CORPORATE EXCELLENCE IN INNOVATION Read about le

LE FONTI AWARDS 2018 CELEBRATES CORPORATE EXCELLENCES IN HONG KONG

29/03/2018

On March 23rd 2018, the world’s leading corporate stars reunited for a special

LE FONTI AWARDS 2017 CELEBRATES CORPORATE EXCELLENCES IN DUBAI

14/12/2017

On December 14th, 2017, the world’s leading corporate stars reunited for a spec

LE FONTI AWARDS 2017 CELEBRATE CORPORATE EXCELLENCES IN LONDON

23/10/2017

On October 20th, 2017, the world’s leading corporate stars reunited for a speci

Le Fonti IAIR Awards Take Hong Kong By Storm

21/03/2017

Hong Kong has become a city of bright expansion, culture, and futuristic innovation. Fr