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Delek Group Ltd.
Founded1951; 68 years ago (1951)
HeadquartersNetanya, Israel
Key people
Asaf Bartfield, (CEO)
ProductsOil, Gas, Automotive
RevenueGreen Arrow Up.svg 44.567 billion (2010)[1]
Green Arrow Up.svg 1.225 billion (2010)[2]
Total assetsGreen Arrow Up.svg 91.896 billion (2010)[1]
Total equityGreen Arrow Up.svg 4.877 billion (2010)[1]
Delek US Holdings, Inc.
Traded asNYSEDK
Russell 2000 Component Edit this on Wikidata
A Delek petrol station in Tel Aviv

Delek Group is an Israeli conglomerate and one of Israel's largest companies, majority owned by[clarification needed] Yitzhak Tshuva[3][4] 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' subsidiaries are also involved in insurance and financial services. Delek Group is listed on the Tel Aviv stock exchange under the ticker symbol, DLEKG,[5] and is a member of the TA-35 Index of leading Israeli companies, as of July 2012 two of the group's subsidiaries are also listed on the TA-35 Index, Avner Oil Exploration LP and Delek Drilling LP. The group's USA operations, Delek US Holdings, Inc. (NYSEDK), are listed on the New York Stock Exchange. On June 22, 2015, The Delek Group agreed to sell a 52% controlling stake of Phoenix Holding company (insurance and financial undertaking) to the Chinese civilian-run conglomerate Fosun International.[6]


Delek, The Israel Fuel Corporation Ltd, was founded in 1951

In August 2007, Delek Benelux took over marketing activities for Chevron Global Energy Inc. in Benelux, including 869 fueling stations, mostly under the Texaco brand.[7] The same month, Delek Israel's Delek Pi-Glilot, a fuel storage and distribution company operating in Ashdod, Jerusalem and Beersheba, won a Government Companies Authorities tender to run the fuel storage facilities in Ashdod. A few months later in November, they announced the hiring of former police commissioner Moshe Karadi to run Delek Pi-Glilot, who had recently resigned following findings by the Zeiler Commission "that police had grossly mishandled the murder investigation in the Perinian affair."[8] Gabi Last, former commissioner and commander of the Tel Aviv Central District, has been chairing Delek Group for several years.[9]


Energy and Infrastructure[edit]


Assets including holdings in: Yam Tethys Partnership, Tamar gas field, Leviathan gas field, Tanin gas field, Aphrodite gas field


A Roadchef service station near the M1 motorway, England
  • Delek Petroleum Ltd. [100%][10]
    • United States Delek US Holdings, Inc. (NYSEDK) [56.8%]
    • European Union Delek Europe BV [100%] - 1,230 gas stations and 935 convenience stores
    • United Kingdom Roadchef [100%]
    • Israel Delek Israel Fuel Corporation Ltd (TASEDLKIS) [86.9%] Israel’s second largest retail gas and lubricants supplier


  • Independent Power Plants (IPP)
  • 360 desalinisation plants constructed in Israel, Cyprus, China, Spain, United States, India and Kazakhstan
  • largest desalinisation plant in the world built in Israel

Insurance and Finance[edit]

  • Israel Phoenix Holdings Ltd.[56%]
    • The Phoenix Insurance Company Ltd. (TASEPHOE)
      • Excellence Investments Ltd. (TASEEXCE) [85%]


  • Delek Automotive Systems Ltd. (TASEDLEA) [32%] - largest car dealer in Israel, importer of Mazda and Ford vehicles [11]


  • Gadot Biochemical Ltd.

Former Holdings[edit]

See also[edit]


  1. ^ a b c
  2. ^ item=UGFyZW50SUQ9OTc5OTJ8Q2hpbGRJRD0tMXxUeXBlPTM=&t=1
  3. ^ Jen Benepe."For big foreign buyers, a tricky path to the cash" The Real Deal, August 2007
  4. ^ Jewish Journal
  5. ^
  6. ^ "China's Fosun International to Acquire Phoenix Holdings From Israel's Delek". Insurance Journal. Retrieved 24 June 2015.
  7. ^ Delek Petroleum, Ltd.
  8. ^ Jerusalem Post on Karadi
  9. ^ Haaretz: Delek Hires top cop
  10. ^ Delek Vision
  11. ^ The Bob Bey Property Report Archived 2009-01-27 at the Wayback Machine
  12. ^ Delek on Dankner
  13. ^
  14. ^

External links[edit]