Mergers and acquisitions

Advising TERMINAL X on Its Acquisition of Control of Sde Bar

Ron Gutman led the legal work for TERMINAL X from structuring and due diligence through closing of its acquisition of a 51% stake in Sde Bar.

The Transaction

The acquisition expanded TERMINAL X into modest fashion. The transaction documents addressed the founders’ continuing management and design roles, decision-making authority and options to acquire additional shares.

Closing

According to the stock exchange filing, the transaction closed in July 2026. TERMINAL X acquired 51% of the company’s shares for approximately NIS 3.5 million, subject to contractual adjustments.