Delek
100px | |
Public | |
Traded as | TASE: DLEKG OTCQX: DGRLY |
Industry | Conglomerate |
Founded | 1951 |
Headquarters | Netanya, Israel |
Key people
|
Asaf Bartfield, (CEO) |
Products | Oil, Gas, Automotive |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Website | http://www.delek-group.com/ |
Delek Group is an Israeli conglomerate and one of Israel's largest companies, which the majorly owned by[clarification needed] Yitzhak Tshuva[3][4] a self-made multi-billionaire. Delek Group is involved in the energy and infrastructure, with investments in upstream and downstream energy, water desalination and power plants. Delek Group' subsidiaries are also involved in insurance and financial services. Delek Group is listed on the Tel Aviv stock exchange under the ticker symbol, DLEKG,[5] and is a member of the TA-25 Index of leading Israeli companies, as of July 2012 two of the group's subsidiaries are also listed on the TA-25 Index, Avner Oil Exploration LP and Delek Drilling LP. The group's USA operations, Delek US Holdings, Inc. (NYSE: DK), are listed on the New York Stock Exchange. On June 22, 2015, The Delek Group agreed to sell a 52% controlling stake of Phoenix Holding company (insurance and financial undertaking) to the privately held Chinese conglomerate Fosun International.[6]
Contents
History
Delek, The Israel Fuel Corporation Ltd, was founded in 1951
In August 2007, Delek Benelux took over marketing activities for Chevron Global Energy Inc. in Benelux, including 869 fueling stations, mostly under the Texaco brand.[7] The same month, Delek Israel's Delek Pi-Glilot, a fuel storage and distribution company operating in Ashdod, Jerusalem and Beersheba, won a Government Companies Authorities tender to run the fuel storage facilities in Ashdod. A few months later in November, they announced the hiring of former police commissioner Moshe Karadi to run Delek Pi-Glilot, who had recently resigned following findings by the Zeiler Commission "that police had grossly mishandled the murder investigation in the Perinian affair."[8] Gabi Last, former commissioner and commander of the Tel Aviv Central District, has been chairing Delek Group for several years.[9]
Holdings
Energy and Infrastructure
Upstream
- Delek Energy [87.6%]
- Delek Drilling LP (TASE: DEDR.L) [68.8%]
- Avner Oil & Gas Exploration LP (TASE: AVNR.L) [55.9%]
Assets including holdings in: Yam Tethys Partnership, Tamar gas field, Leviathan gas field, Tanin gas field, Aphrodite gas field
Downstream
- Delek Petroleum Ltd. [100%][10]
Infrastructure
- Independent Power Plants (IPP)
- 360 desalinisation plants constructed in Israel, Cyprus, China, Spain, USA, India and Khazakhstan
- largest desalinisation plant in the world built in Israel
Insurance and Finance
Automotive
- Delek Automotive Systems Ltd. (TASE: DLEA) [32%] - largest car dealer in Israel, importer of Mazda and Ford vehicles [11]
Chemicals
- Gadot Biochemical Ltd.
Former Holdings
- Delek Real Estate Ltd. - a company that owned a total land area of 1.8 million m2, through its subsidiaries, Delek Berlon International Ltd., Delek Global Real Estate Ltd., and adding Dankner Investments Ltd. as Dankner Real Estate's construction arm in 2004.[12]
- HOT Cable Communications Systems Ltd.
- Starbucks Israel[13]
See also
References
- ↑ 1.0 1.1 1.2 http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9OTc5OTJ8Q2hpbGRJRD0tMXxUeXBlPTM=&t=1
- ↑ http://phx.corporate-ir.net/External.File? item=UGFyZW50SUQ9OTc5OTJ8Q2hpbGRJRD0tMXxUeXBlPTM=&t=1
- ↑ Jen Benepe."For big foreign buyers, a tricky path to the cash" The Real Deal, August 2007
- ↑ Jewish Journal
- ↑ http://ir.delek-group.com/phoenix.zhtml?c=160695&p=irol-stockquote
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Delek Petroleum, Ltd.
- ↑ Jerusalem Post on Karadi
- ↑ Haaretz: Delek Hires top cop
- ↑ Delek Vision
- ↑ The Bob Bey Property Report
- ↑ Delek on Dankner
- ↑ https://gr.starbucks.com/en-US/_About+Starbucks/_Press+Room/Starbucks+Dissolves+Joint+Venture+with+the+Delek+Group+of+Israel.htm
External links
- Pages with broken file links
- Wikipedia articles needing clarification from October 2015
- Companies listed on the Pink Sheets
- Companies listed on the New York Stock Exchange
- Companies listed on TASE
- Conglomerate companies of Israel
- Financial services companies of Israel
- Israeli brands
- Netanya
- Oil and gas companies of Israel
- Filling stations in Israel
- Real estate companies of Israel
- Transport companies of Israel
- Companies based in Netanya