Dynamic recently entered insolvency proceedings, but this morning the court approved its sale to the Ronen Elad Holdings Group for NIS 178 million. Chairman Elad: “We believe in the company’s potential, in the technology, and above all in the dedicated employees”
The court approved this morning (Thursday) the sale of the Dynamic Wet Wipes company to the Ronen Elad Holdings Group Ltd. for NIS 178 million. The decision was made after the court preferred the group’s offer over competing offers.
The court’s decision came following the recommendation of the trustees appointed to the proceeding, Adv. Avichai Vardi and Adv. Alon Freadkin, who examined several offers to purchase the company and recommended favoring the offer of the Ronen Elad…