Speculation about Home Center

The Israeli DIY chain Home Center is allegedly to be partly or entirely sold. The Israeli business newspaper Globes reports that the owner Eliezer Fishman is looking for a partner or buyer. The Fishman Group is also the majority shareholder of Globes.According to information, Home Center has 48 stores in Israel, additionally four in Cyprus and two in Russia. The reason for the intended sale is apparently the crisis in Russia, where the Group also works together with the real estate developer Mirland. Following three store closures this year, there has recently been a lot of speculation in the industry about the Russian Home Center stores.