# Chuliyot Group acquires 51% stake in Wiseman-Friedman for ILS 50 million

Chuliyot Group, a plastic pipe and fittings manufacturer, acquired a 51% stake in Wiseman-Friedman, a plastic products maker, for approximately ILS 50 million.

- Type: Acquisition
- Announced: 2021-10-20
- Where: Israel
- Value: $15.5M (50.0M ILS)
- Status: completed
- Products: plastic pipes and fittings, plastic products for construction and infrastructure
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Chuliyot Group](https://endata.com/companies/58559.md) (acquirer)
- [Wiseman-Friedman](https://endata.com/companies/58560.md) (target)

## Sources

- [kibbutz.mynet.co.il](https://kibbutz.mynet.co.il/economy_law/article/h1nqsn9sf), 2021-10-20: "קבוצת חוליות חתמה על עסקה לרכישת 51% ממניות יצרנית מוצרי הפלסטיק ויסמן-פרידמן בסכום המוערך בכ-50 מיליון שקלים."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.