Manor Evergreen Reportedly to Buy Peanut Marketer at NIS 120 Million Valuation

Manor Evergreen and Shivuk Botnim CEO Doron Ashkenazi are reportedly acquiring all shares of the agricultural processor and marketer at a NIS 120 million valuation. The sellers are Tene Fund, Tnuva, and Hamashbir with the Livnat family, holding 51%, 24.5%, and 24.5%, respectively. The reported transaction includes adjustment mechanisms and would be Manor's first investment in the food sector; completion has not been established. Shivuk Botnim buys, processes and markets produce including peanuts, almonds and dates, with production sites in Ram-On, Tel Arad and Yafit.