Carasso Motors Ltd. (TASE:CRSM) acquired 65% stake in C.M.D. Engineering Equipment Supplies Co. Ltd for ILS 50 million on April 30, 2023. The proceeds will go to the four brothers of the Livna family, the sons of Alex, the founder of C.B.D, who died in year 2000.

Carasso Motors Ltd. (TASE:CRSM) completed the acquisition of 65% stake in C.M.D. Engineering Equipment Supplies Co. Ltd on April 30, 2023.