Delek Group

Delek Group is an Israeli conglomerate and one of Israel’s largest companies, majority owned by Yitzhak Tshuva a self-made multi-billionaire. Delek Group is involved in the energy and infrastructure, with investments in upstream and downstream energy, water desalination and power plants.

Delek Group Ltd. is an investment holding company, which engages in investments on energy and infrastructure, financial and insurance, automotive, and others sectors. It operates through the following segments: Fuel Operations, Automotive Operations, Oil & Gas Exploration and Production Operations, and Insurance & Finance Operations. The Fuel Operations segment includes holdings in an oil refinery and crude oil pipelines as well as the marketing of fuel products, and operation of gas stations and convenience stores. The Automotive Operations segment imports, markets and sells Mazda and Ford cars and commercial vehicles. The Oil & Gas Exploration and Production Operations segment engages in the production of natural gas and oil & gas exploration activities. The Insurance & Finance Operations segment operates through Phoenix holdings Ltd., a wholly-owned subsidiary, which provides insurance and other financial services. The company was founded in 1951 and is headquartered in Netanya, Israel.