Shlomo Group
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | ILS570m | Growth Equity VC |
Total Funding | €133m |
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Recent News about Shlomo Group
EditShlomo Group, established in 1974 by Shlomo Shmeltzer, is a prominent Israeli holding group with diversified interests across various industries. Initially founded as a car rental company, the group has expanded its portfolio to include automotive, energy, telecom, ports, maritime logistics, insurance, and real estate sectors. Shlomo Group serves a wide range of clients, from individual consumers to large enterprises, and operates primarily in Israel, with additional activities in Romania, the Czech Republic, and Russia.
The business model of Shlomo Group is based on both organic growth and strategic acquisitions, leveraging its highly professional management team to identify and capitalize on market opportunities. The group generates revenue through its diverse holdings, each contributing to the overall financial health of the company. For instance, the automotive sector includes car rentals and sales, while the energy sector focuses on sustainable energy solutions. The telecom and logistics sectors provide essential services to both businesses and consumers, and the insurance and real estate sectors offer financial security and property management solutions.
Shlomo Group's financial robustness is reflected in its substantial turnover, which exceeded 1 billion euros in 2010. The group employs over 3,000 people and is recognized as one of the top 10 service companies in Israel, excelling in key areas of activity. This reputation is further solidified by its rankings in the automotive, electro-mechanic, and port shipyard fields.
Keywords: diversified holdings, automotive, energy, telecom, ports, logistics, insurance, real estate, Israel, acquisitions.