FIMI V managed by First Israel Mezzanine Investors Ltd. agreed to acquire 59% stake in Hadera Paper Ltd. (TASE:HAP) from Clal Industries Ltd. for approximately ILS 350 million in cash on June 24, 2015. First Israel Mezzanine Investors Ltd. paid ILS 117.88 per share. The transaction is subject to approval by the Antitrust Authority and the Minister of Energy, Infrastructures and Water.

Sharon Amir, Einat Rosu and Golan Kaneti of Naschitz Brandes & Co acted as legal advisors for First Israel Mezzanine Investors Ltd.