on JACQUES BOGART (EPA:JBOG)
BOGART Sells its Israeli Subsidiary April Ltd
The BOGART Group has announced the sale of 100% of the shares of its Israeli subsidiary, April Cosmetics and Perfumes Store Chain Ltd (April Ltd), to April Holding DK Ltd, owned by David Konckier. This move strengthens the group's financial structure.
The transaction, valued at NIS 20,147,000 (approximately €5.8 million), stems from the valuation of April Ltd by PwC and BDO. This transaction was approved by BOGART's Board of Directors on October 12, 2026.
With its 47 stores, April Ltd generated a turnover of €36.7 million in 2025. The sale reflects a strategy of organizing foreign subsidiaries and an optimized management of financial resources within the group.
R. P.
Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all JACQUES BOGART news