The transaction was completed on August 20. Gadot’s subsidiary obtained a long term credit facility from Israel Discount Bank Ltd for the financing of the purchase price.

ADPO Ghent operates a state of the art chemical storage terminal in Ghent, Belgium, over an area of 25 hectares of land, with a storage capacity of approximately 100,000 Cubic Meters, and its purchase shall allow Gadot to expand its global business and maximize Gadot’s abilities for delivering products and services worldwide.