Shlomo Group

The Shlomo Group is an Israeli conglomerate company. The company consists of holdings in manufacturing, telecommunications, transportation, financial services and real estate.[1]

History

The Shlomo Group was founded in 1974 by Shlomo Shmeltzer, when he set up a car rental company. The business grew and evolved into a large automotive service and operational leasing group. Shlomo Shmeltzer died of a brain hemorrhage on July 9, 2014.[2][3]

Asi Shmeltzer is the chairman of Shlomo Group. The company is listed on the Tel Aviv Stock Exchange with the ticker symbol SHLD.

Car rental

The group's car vehicle rental subsidiary, Shlomo Sixt, is Israel's largest car rental company, controlling 27.5% of the market.[4] It is a franchise of the German car rental brand, Sixt.

References

  1. "Shlomo Group Holdings on Dun's 100". 2012. Retrieved 6 May 2012.
  2. "Shlomo Shmeltzer dies". Globes. July 8, 2014. Retrieved August 3, 2018.
  3. haaretz obit (subscription required)
  4. "Zelekha could wreck financing for car fleets, says Shlomo Sixt owner". 2012. Retrieved 6 May 2012.
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