Matrix IT buys Laor Energy to expand defense offering
Matrix IT (TASE: MTRX) will buy 80% of Laor Energy for NIS 73 million to expand its defense offering. The deal includes options on the remaining shares and is subject to Competition Authority approval, financed from Matrix’s own resources. Laor Energy reported 2025 revenue of NIS 98.1 million (+13%), operating profit of NIS 15.5 million (+71.4%), and net profit of NIS 11.9 million (+46%).




