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Competition Authority Approves Shuk Hertzel’s NIS 680M Stop Market Deal

By Drooid · · How we work

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Story summary
  • Shuk Hertzel is acquiring Stop Market for about NIS 680 million.
  • The Competition Authority approved the deal on October 11 2026.
  • Bank Hapoalim is providing roughly NIS 500 million in financing for the acquisition.
  • The chains will keep separate brands and operate 23 stores nationwide.
  • Combined sales are projected at roughly NIS 1.5 billion annually, potentially reaching NIS 2 billion by end-2027.