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Recanati family invests NIS 6.4m in Plastro Irrigation.
(From Israel Business Arena)
Byline: Yaron Friedman
Sources inform "Globes" that the Recanati family was among the investors in the secondary issue earlier this week by Plastro Irrigation Systems (TASE: PLSTR). Judith Yoval Recanati, Leon Recanati's sister, and Lenny Recanati, her nephew, invested NIS 6.4 million of the NIS 11.8 million raised by Plastro Irrigation. Plastro Irrigation raised a net of NIS 71.6 million in its first issue in late May.
The Recanatis made their investment through two private companies which they own. Lenny Recanati invested NIS 3.5 million, and Judith Yoval Recanati invested NIS 2.9 million. The Recanatis own a total of …
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