Who will buy Volt Market? The battle for a deal worth about NIS 300 million

Four bids have been submitted to acquire Volt Market, valued at approximately NIS 300 million. The sale was forced by the Competition Commissioner, Michal Cohen, who did not extend the exemption that allowed Volt to operate both a delivery platform and a retail chain. Among the candidates: Paz Retail and the founders of Good Pharm.

Four bids have been submitted to acquire the Volt Market chain, valued at approximately NIS 300 million. The sale was forced by the Competition Commissioner, Michal Cohen, who did not extend the exemption that allowed Volt to simultaneously operate its delivery platform and an independent retail chain. Among the leading candidates: Paz Retail, which is expanding its operations, and the founders of Good Pharm, Adam Friedler and Ohad Sandler, who seek to enter the online delivery and grocery sector. A total of four groups are competing. The final decision is expected to be based not only on price but also on the buyer's ability to expand the chain, retail experience, financial strength, and likelihood of receiving approval from the Competition Authority. For consumers, the identity of the buyer may affect the scope of operations, branch distribution, level of competition, and prices.