Acquiring Company
Golf Group
Acquired Company
Adika
Tel AvivIsraelE CommerceFashionRetailE CommerceFashionRetailDescription
Golf Group has completed a full merger with Adika, a notable Israeli fashion retailer. The acquisition, which includes a controlling stake previously secured in 2015, reflects Golf's strategy to consolidate its holdings in the fashion sector. Despite previous struggles, Adika is being relaunched with a new identity and leadership. This merger aims to revitalize the brand within the evolving online retail market.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Adika?
Adika was acquired by Golf Group, based in Tel Aviv. The deal was reported on August 29, 2026. Golf Group is a publicly traded Israeli fashion and retail company. It is known for its investments in various fashion brands and for expanding their presence in physical and online markets. Golf Group is privately held and operates in E Commerce.
When did Golf Group acquire Adika?
Golf Group's acquisition of Adika was reported on August 29, 2026. Golf Group has completed a full merger with Adika, a notable Israeli fashion retailer. The acquisition, which includes a controlling stake previously secured in 2015, reflects Golf's strategy to consolidate its holdings in the fashion sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Adika do?
Adika is an Israeli fashion retailer that gained popularity for its online shopping platform. Founded in 2012, it contributed to the shift towards online fashion retail in Israel. It is privately held, operating in E Commerce, and is based in Israel.
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