Gold Bond Group, one of Israel's leading players in the field of terminals and logistical services, reports a significant strategic deal: the company has signed an agreement to acquire the full business operations of 'Shaham Guy,' which specializes in heavy equipment transport services, crane works, lifting, storage, and logistical services, for approximately NIS 121 million plus VAT.
According to the terms of the agreement, the deal is subject to the fulfillment of suspensive conditions, including receiving approval from the Competition Authority. Gold Bond will pay a down payment of 10% of the consideration (approximately NIS 12.1 million) within three days of receiving the Competition Authority's approval, with the completion and closing date of the transaction set for early February 2027. The company intends to finance the acquisition from its own resources, alongside bank credit facilities or debt raising through the issuance of bonds.
'Growth engine with revenues of approximately NIS 80 million'
Shaham Guy is considered a high-quality player with a strong reputation in the field of heavy transport and crane works. The company ended 2025 with revenues of approximately NIS 80 million (compared to approximately NIS 76 million in 2024) and with a net profit of approximately NIS 15 million in each of these years.
Amos Dai, CEO of Gold Bond, stated: 'Today we are updating on a significant transaction that aligns with the company's growth strategy. This is a synergistic acquisition that will significantly expand Gold Bond's activities in these areas, increasing our customer base and geographical spread. We see these areas of activity as a significant growth engine for Gold Bond for the coming years, and this acquisition will accelerate our volumes of activity in the field.'
'Strengthening the logistical arm at ports and border crossings'
Gold Bond currently operates cargo terminals, free warehouses, and open storage areas adjacent to the ports of Ashdod and Haifa, alongside a cargo terminal in Beit She'an near the Jordan River border crossing. The company is also active in the E-Commerce field through a robotic warehouse in Ashdod and the development of warehouse management software (e-Gold), and holds 20% of the shares of Israel Shipyards Industries. The current acquisition is expected to deepen the end-to-end service basket it offers to importers, exporters, and industrial companies.
