New Kopel acquires Shlomo Sixt

New Kopel Holdings Ltd. announced on Monday that it will acquire Shlomo Sixt Rental Cars Ltd. for NIS 435m.

New Kopel Holdings Ltd. announced on Monday that it will acquire Shlomo Sixt Rental Cars Ltd. for NIS 435 million. The deal will add some 11,500 cars to New Kopel's fleet, which at 62,000, will be the biggest car rental company in Israel. New Kopel's acquisition does not include Shlomo Sixt's real estate holdings.