News & Insights

Naschitz Brandes Amir Advises Infinya on NIS 2,37 Billion Acquisition by Veridis Environment and Israel Infrastructure Fund


A multidisciplinary Naschitz Brandes Amir team represented the target in a complex reverse triangular merger transaction.


Infinya (TASE: INFN), formerly known as Hadera Paper, a manufacturer of paper and paper products controlled by FIMI Opportunity Funds, has been acquired by Veridis Environment (TASE: VRDS) and Israel Infrastructure Fund through a reverse triangular merger transaction for approximately NIS 2,37 billion.


Naschitz Brandes Amir represented Infinya in the transaction with an M&A team led by senior partner and head of the M&A practice Sharon Amir, partner Einat Rosu, associate Noam Shualy, associate Amit Itach, and associate Lihi Aga Baba. Advice was also provided on antitrust & competition matters by partner and Antitrust & Competition practice head Golan Kaneti. Interns Neta Kazaz, Coral Abutbul, and Polina Grabarnick also provided assistance in the transaction.

Naschitz Brandes Amir Team