Schnapp Batteries

Industry: Car batteries

Date of Investment:   February 2011

Company Description:
Schnapp Batteries, an Israeli company founded in 1951 and listed on the Tel Aviv Stock Exchange. Schnapp is the leader in its field in Israel. The Company is engaged in the manufacture, import and marketing of a variety of automotive starter batteries for all types of vehicles both in Israel and abroad.Since its investment, SKY has led the acquisition of Continental Tire distribution franchise in Israel and ADI Systems, Creating Israel’s market leader in the automotive sector.