Founded in 1951 as the Israel Fuel Corporation, a small chain of gas stations in an emerging nation Israel’s thriving economy nourished the company, allowing it to expand into a dynamic blue-chip conglomerate. Renown for its fuel marketing activities, Delek is currently a globally diverse investment group active in energy and infrastructure, financial services, real estate automotive and more.
Through a long series of prudent and successful acquisitions, Delek has grown from strength to strength. The prominent and renowned entrepreneur, Mr. Isaac Sharon (Tshuva), assumed control in 1998. In 2000, the Group was restructured and is now listed on the Tel Aviv Stock Exchange (TASE: DLEKG) and is a member of the index of the largest companies in Israel, the TA100.
The Group, has converted local achievement into international success; Delek US, the operator of over 500 gas stations and convenience stores was established and subsequently purchased the La Gloria oil refinery and marketing facilities in Tyler, Texas. Delek Energy expanded into oil drilling in Vietnam, the US and Russia. Delek Capital acquired Republic Companies Inc., a US insurance group and Phoenix one of Israel's largest insurance companies. Delek Real Estate invested extensively in West European and Canadian real estate. Most recently Delek Benelux was established managing 870 gasoline stations and convenience stores under the Texaco brand name.
Delek Group has multiplied its profitability over the last few years and continues to have deep and strong foundations in Israel’s vigorous economy. Over ten of its subsidiaries are publicly traded entities on three different global markets. Delek remains Israel's number one importer and distributor of automotives, the nation's largest and most successful oil and gas exploration and production company, the sole operator of independent power plants and the second largest operator of gas stations.
The Group’s market power enables it to seize opportunities, acting quickly and reaping the benefits of wise decisions. Its rich history in Israel has led to a vibrant present – and presence – internationally.
Founded in 1951 as the Israel Fuel Corporation, a small chain of gas stations in an emerging nation Israel’s thriving economy nourished the company, allowing it to expand into a dynamic blue-chip conglomerate. Renown for its fuel marketing activities, Delek is currently a globally diverse investment group active in energy and infrastructure, financial services, real estate automotive and more.
Through a long series of prudent and successful acquisitions, Delek has grown from strength to strength. The prominent and renowned entrepreneur, Mr. Isaac Sharon (Tshuva), assumed control in 1998. In 2000, the Group was restructured and is now listed on the Tel Aviv Stock Exchange (TASE: DLEKG) and is a member of the index of the largest companies in Israel, the TA100.
The Group, has converted local achievement into international success; Delek US, the operator of over 500 gas stations and convenience stores was established and subsequently purchased the La Gloria oil refinery and marketing facilities in Tyler, Texas. Delek Energy expanded into oil drilling in Vietnam, the US and Russia. Delek Capital acquired Republic Companies Inc., a US insurance group and Phoenix one of Israel's largest insurance companies. Delek Real Estate invested extensively in West European and Canadian real estate. Most recently Delek Benelux was established managing 870 gasoline stations and convenience stores under the Texaco brand name.
Delek Group has multiplied its profitability over the last few years and continues to have deep and strong foundations in Israel’s vigorous economy. Over ten of its subsidiaries are publicly traded entities on three different global markets. Delek remains Israel's number one importer and distributor of automotives, the nation's largest and most successful oil and gas exploration and production company, the sole operator of independent power plants and the second largest operator of gas stations.
The Group’s market power enables it to seize opportunities, acting quickly and reaping the benefits of wise decisions. Its rich history in Israel has led to a vibrant present – and presence – internationally.