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  5. Cellcom Israel Acquires Golan Telecom

M&A Deal Summary

Cellcom Israel Acquires Golan Telecom

On November 5, 2015, Cellcom Israel acquired communications company Golan Telecom for 1.2B ILS

Acquisition Highlights
  • This is Cellcom Israel’s 1st transaction in the Communications sector.
  • This is Cellcom Israel’s largest (disclosed) transaction.
  • This is Cellcom Israel’s 1st transaction in Israel.
Investment Fate
  • Golan Telecom was divested to a consortium of strategic buyers in 2020 for 710M ILS.

M&A Deal Summary
Date 2015-11-05
Target Golan Telecom
Sector Communications
Buyer(s) Cellcom Israel
Deal Type Add-on Acquisition
Deal Value 1.2B ILS

Target

Golan Telecom

Tel Aviv, Israel
Golan Telecom Ltd. is a provider of communication services. Golan Telecom was founded in 1999 and is based in Tel Aviv, Israel.

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Buyer(S) 1

Buyer

Cellcom Israel

Netanya, Israel
Category Company
Founded 1994
Sector Communications
Employees2,758
Revenue 4.4B ILS (2024)
DESCRIPTION

Cellcom Israel is a cellular operator. Cellcom Israel was founded in 1994 and is based in Netanya, Israel.

DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Israel M&A 1 of 1
Year: 2015 M&A 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-16 Golan Telecom

Tel Aviv, Israel

Golan Telecom Ltd. is a provider of communication services. Golan Telecom was founded in 1999 and is based in Tel Aviv, Israel.

Sell ₪710M
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