Show me an example Israel Real Estate News: US investor to buy Dori Engineering stake for $31m

Monday, September 11, 2006

US investor to buy Dori Engineering stake for $31m

Northern Group owner Alex Dembitzer will buy half of Acad Building & Investments’ 90% stake in the company.
Under the agreement with Dembitzer, Uri Dori will continue as president of Dori Engineering. Dori Engineering is currently building 3,500 apartments in Israel and has contractors orders worth NIS 650 million.