Delek Group
Delek Group is an Israeli holding conglomerate mainly operating in the petroleum industry. Delek Group's largest subsidiary is Delek – The Israel Fuel Corporation, one of the largest chains of filling stations in Israel. Delek Group also owns E&P operations across the Levant, in the North Sea and in the Gulf of Mexico. Beyond the oil industry, it also owns coffeehouse chain Café Joe as well as 70% of the Israeli franchisee of Burger King. Delek Group is listed on the Tel Aviv Stock Exchange under the ticker symbol, DLEKG, and is a member of the TA-35 Index of leading Israeli companies. Delek Group previously held major shares in automobile import company Delek Motors, nutraceuticals company Gadot Biochemistry, desalination company IDE Technologies and holding company Phoenix Holdings, all of which were later sold. History
Delek Group was first founded as Delek – The Israel Fuel Corporation Ltd 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. 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." Gabi Last, former commissioner and commander of the Tel Aviv Central District, has been chairing Delek Group for several years. On January 1, 2020, Idan Wallance became Delek's new CEO. Holdings

Energy and Infrastructure

Upstream

 Delek Energy [87.6%]
 Delek Drilling LP () [68.8%]
 Avner Oil & Gas Exploration LP () [55.9%]

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

Downstream

 Delek Petroleum Ltd. [100%]
  Delek Europe BV [100%] - 1,230 gas stations and 935 convenience stores
  Delek Israel Fuel Corporation Ltd () [86.9%] Israel’s second largest retail gas and lubricants supplier

Food and restaurants 

 Café Joe [100%]
 Burger King (Israeli franchisee) [70%]

Former Holdings

 Delek Real Estate Ltd. - a company that owned a total land area of 1.8 million m2, through its subsidiaries, Delek Berlon International Ltd., Delek Global Real Estate Ltd., and adding Dankner Investments Ltd. as Dankner Real Estate's construction arm in 2004. HOT Cable Communications Systems Ltd.
 Starbucks Israel
 The Republic Group, an insurer, was sold to AmTrust Financial Services for $140 million on April 19, 2016

Infrastructure 

 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

  Phoenix Holdings Ltd.[56%]
 The Phoenix Insurance Company Ltd. ()
 Excellence Investments Ltd. () [85%]
 The Republic Group [share unknown]

Automotive

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

Nutrition 

 Gadot Biochemical Ltd. Criticism

Involvement in Israeli settlements

On 12 February 2020, the United Nations published a database of 112 companies helping to further Israeli settlement activity in the West Bank, including East Jerusalem, as well as in the occupied Golan Heights. These settlements are considered illegal under international law. Delek was listed on the database on account of its "provision of services and utilities supporting the maintenance and existence of settlements" and "the use of natural resources, in particular water and land, for business
purposes" in these occupied territories. On 5 July 2021, Norway's largest pension fund KLP said it would divest from Delek together with 15 other business entities implicated in the UN report for their links to Israeli settlements in the occupied West Bank. See also
 Tamar gas field
 Leviathan gas field
 Aphrodite gas field

References

External links
Delek website

Companies listed on the Tel Aviv Stock Exchange
Conglomerate companies of Israel
Financial services companies of Israel
Israeli brands
1951 establishments in Israel
Netanya
Oil and gas companies of Israel
Filling stations in Israel
Real estate companies of Israel
Transport companies of Israel
Companies based in Netanya