Abu Yehiel – Construction Company Ltd.

Activity by year

2026

Acquisition

May 26, 2026ACQUISITION$160.0M
Turbogen to acquire 50% stake in Elbatech, giving Tzachi Abu control
Turbogen Ltd. is in negotiations to acquire a 50% stake in Elbatech Ltd. from Abu Yehiel, a company controlled by businessman Tzachi Abu, for approximately ILS 600 million in shares. Upon completion, Tzachi Abu will hold about 55% of Turbogen, becoming its controlling shareholder.
Turbogen Ltd. acquirer Elbatech Ltd. target Abu Yehiel – Construction Company Ltd. partner Tzachi Abu investor #Power Generation Equipment prnewswire.com

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