Hishtil BV acquisition of full holdings in HISHTIL TOROS FIDECILIK (HTF)

The Hishtil Group is pleased to announce the completion of the acquisition of HTF Holding, implemented as part of a strategic plan to expand Hishtil's lucrative nursery operations
in Turkey.

HTF is one of the pioneers and leading vegetables plant nurseries in Turkey.
For the past twenty five years, the company has been managed in partnership with TEKFEN, and we like to thank them for the years of cooperative and synergistic personal and working relations.

The acquisition is made as part of a multi-year plan to further develop the activity of grafted vegetable seedlings in the Turkish market and to enter, yet other young plant propagation activities in which Hishtil Group is engaged. In addition, the company plans to expand its export activities of vegetable and herbs seedlings from Turkey to other various countries.

HTF activities are managed by Mr. Lutfu Sav and employ some 400 employees. The company owns 6.0 hectares of advanced production greenhouses in Antalya and 3.0 hectares of
advanced greenhouses in Adana. The total annual production is over 150 m seedlings including over 25 m of grafted seedlings.

Hishtil Group is a leading multinational corporation that owns and operates plant nurseries in Israel, South Africa, Spain, Italy, Bosnia, the USA, Mexico, and Turkey.

Amit Dagan – General manager Hishtil
Ariel Seroussi – V. Chairman Hishtil Turkey.
Lutfu Sav – General Manager Hishtil Turkey.
Moti Dagan – Chairman Hishtil Turkey.