The Pimi Investment Fund, managed by Yishai Davidi, is expected to complete a huge deal in the near future to acquire control of the Amal VeMabar nursing home and nursing home at a value of NIS 1 billion. The fund will be purchased by the fund from owner Harry Gross, who will sell his entire holdings in the company (70%), as well as from CEO Dalia Korkin, who currently holds 30% of the shares. Korkin will continue to hold 20% of the shares after the transaction and will remain CEO.
Amal VeMabar is a network of nursing homes and nursing homes for the elderly and is one of the largest private companies in the country in its field. Its revenue turnover is about NIS 1.3 billion a year. The company employs over 20,000 workers (nurses, nurses, physiotherapists and general care workers) in dozens of treatment institutions and private hospital homes and it operates a network of nursing homes throughout the country, mainly in kibbutzim. The listed company Denal, which operates in areas tangential to those of the Amal chain, is traded at a value of close to NIS 4 billion.