US EditionElectra acquires American company for almost 100 million shekels
Summary by Israel Hayom
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Electra is expanding its air conditioning operations in the US and is acquiring P.J. Mechanical, which specializes in the installation and maintenance of air conditioning systems • Itamar Deutscher: We are significantly increasing our operations in the US
The company controlled by the Zalkind brothers acquired P.J. Mechanical of New York, which had an order backlog of $280 million; the acquisition increases Electra USA's order backlog to $1.5 billion and adds 300 employees to the company's workforce; Electra entered the US in 2019, and its latest reports showed that its operations are recording a decline in operating profit
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