Luxi can be very pleased with the recent purchase

by time news

Only at the beginning of 2020, Luxi acquired Africa Israel Investments at a bargain price of approximately NIS 880 million, and today the subsidiaries report Africa Residences for record sales and Danya Cebus for a huge project

The veteran capital market man who fought for Africa Investments and was very successful with the investment that holds Africa Residential and Danya Cebus, both today report record sales of over NIS 3 billion and Danya Cebus with a huge contract.

Yesterday, the tender committee of the National Water Company, Mekorot, announced its selection of Lapidot Capital and its subsidiary, Danya Cebus, as one of two winners alongside Electra in a tender for the planning, equipping, drilling and testing of drinking water wells, including the purchase and installation of pumping stations.

This is one of the largest tenders that Mekorot has issued in recent years, as part of the three-year work plan for the development of the water sector. In accordance with the terms of the tender, Lapidot and Danya will be allocated a drilling package that will include between 35 and 39 deep and shallow water drillings throughout the State of Israel, to be carried out over a period of up to 4.5 years, with an estimated receipt of NIS 300 million. .

Amir Tirosh, CEO of Lapidot The Lapidot Capital Group: “Lapidot Capital is one of the oldest and leading companies in Israel in the worlds of water and oil drilling, which has performed dozens of complex water drillings throughout its years of existence. We thank the sources for choosing the Lapidot Group to carry out this complex and important project. ”

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