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    Media Center / News

    Stimatzky and the Apax Fund are considering the acquisition of Kfar Hasha’ashuim from the receiver

    June 1, 2017

    Erez Haver

    On April 23, Adv. Erez Hever was appointed as receiver to Kfar Hashashuim, at the request of the secured creditor, Bank Leumi.  Kfar Hashashuim is the largest toy chain in Israel and has 57 franchise branches spread throughout the country.

    As of the date of appointment, the Company is operated by Adv. Hever and Adv. Reut Avraham as a going concern, with the aim of carrying out a quick sale process, while maintaining the Company’s status and value. The sale process is currently under way, and some of the most significant entities in the Israeli economy are interested in purchasing the company.

    For the full article, click here.