Economy · Full coverage
Ronen Ganon's Zol Stock Group Acquires Control of Multi Retail Group, Eyes Major Merger
How 6 Israeli newsrooms covered this story — translated into English and compared side by side.
50% center
Center 2Right 2Unrated 2
First reported by Calcalist · 12 hours ago
What happened
Ronen Ganon's Zol Stock Group has agreed to acquire a 72.3% stake in Multi Retail Group for 173 million shekels, pending regulatory approval. Multi Retail Group owns major Israeli retail brands including ACE and Autodepo. The acquisition could lead to a merger with Zol Stock, forming a retail giant with 1.7 billion shekels in revenue.
- 01Ronen Ganon's group acquires 72.3% of Multi Retail Group for 173 million shekels.
- 02Multi Retail Group owns ACE, Autodepo, Beitili, and Urban brands.
- 03The deal values Multi Retail Group at about 238 million shekels.
- 04Multi Retail Group reported a 12 million shekel profit last year with steady growth.
- 05A potential merger with Zol Stock could create a retail group with 1.7 billion shekels revenue.
- 06Dudu Saban will join Multi Retail Group to support growth and operational improvements.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 6 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
Now 14Right · Hebrew53 minutes ago
Ronen Ganon's Zol Stock Group Acquires Control of Multi Retail Group, Eyes Major Merger
Arutz ShevaRight · Hebrew1 hour ago
Haredi Entrepreneur Ronen Ganon Acquires Control of Multi Retail Group Including ACE Chain
WallaCenter · Hebrew2 hours ago
Ganon Group Acquires Controlling Stake in Multi Retail Group for NIS 173 Million
YnetCenter · Hebrew4 hours ago
Businessman Ronen Ganon Acquires Control of Multi Retail Group for 174 Million Shekels
Related stories
Ofer Barak Transforms Stock Chain Into Retail Giant Through Fishman Assets AcquisitionsJul 16, 2026Rani Zim buys out partner to take full control of Ono Center projectJun 25, 2026Noni Mozes Sells Half of Yedioth Ahronoth Complex in Rishon Lezion for 160 Million ShekelsJun 28, 2026Ze'ev Dagani Negotiates Sale of Control in Israeli Defense Firm RSL to ION Asset ManagerJun 29, 2026Max Stock Reports 86 Million Shekel Profit Amid Changing Israeli Shopping Habits1 day agoNew Partners Acquire Control of Israeli Real Estate Giant G City, Aim to Build EmpireJul 22, 2026
