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The Shlomo Group is an Israeli conglomerate company. The company consists of holdings in manufacturing, telecommunications, transportation, financial services and real estate.
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History
The Shlomo Group was founded in 1974 by Shlomo Shmeltzer, when he set up a car rental company. The business grew and evolved into a large automotive service and operational leasing group. Shmeltzer led the group into other areas, and today the group is one of Israel's largest companies. The group is owned by Shmeltzer and he fills the role of Company Chairperson. Shlomo Shmeltzer died of a brain hemorrhage on July 9, 2014.
The company is listed on the Tel Aviv Stock Exchange with the ticker symbol SHLD.
Car rental
The group's car vehicle rental subsidiary, Shlomo Sixt, is Israel's largest car rental company, controlling 27.5% of the market. It is a franchise of the German car rental brand, Sixt.
In Israel today, Shlomo Sixt is the biggest and the largest car rental company with branches located throughout Israel: in Tel Aviv, Jerusalem, Eilat, Haifa and more.