Rami Levy Shikma Marketing has entered into an agreement with Hachshara Holdings Financial Credit, a subsidiary of Hachshara Insurance, to establish a joint venture in the credit sector. The venture will operate through two limited partnerships: one focusing on business credit and the other on consumer loans backed by real estate (mortgages). Hachshara will hold a 49% stake in each partnership, with Rami Levy and a general partner holding the remainder. Although the deal requires regulatory approvals, it is not expected to significantly impact the companies' financial results. Rami Levy Shikma Real Estate, listed on the Tel Aviv Stock Exchange, focuses on real estate investment and asset management, including Rami Levy chain stores and other commercial spaces.
