Yaron Roziak signed an agreement to acquire Ralco GT Ltd from Ralco Agencies Ltd. (TASE:RLCO) for ILS 0.7 million on November 22, 2016. As per the terms of the deal, the consideration will be payable in 10 monthly installments. The deal is subject to pre-conditions to be fulfilled until March 31, 2017. The transaction has been approved by the Audit Committee and the Board of Ralco Agencies.