Hamat Group Ltd. (TASE:HAMAT) acquired remaining 20% stake in Formex Wood Industries Ltd form unknown sellers for ILS 20 million on January 30, 2024. The company financed the sale proceeds from its own funds and a short-term bank loan.

Hamat Group Ltd. (TASE:HAMAT) completed the acquisition of remaining 20% stake in Formex Wood Industries Ltd form unknown sellers on January 30, 2024.