calcalist.co.il (nprofile…m2lw)
✍️ Businessman Sammy Sagol has sold his smart luggage company, Rollink, to the Chinese company Zaus for a symbolic price, after investing tens of millions of dollars in the project.
👉 Sammy Sagol sold his smart luggage company, Rollink, to the Chinese company Zaus for a symbolic price.
👉 The company was founded in 2019 and developed foldable luggage with a smart chip.
👉 The company had a turnover of millions of dollars in Israel and around the world.
👉 Sagol had invested tens of millions of dollars in the project, but it did not succeed.
👉 Zaus is a company that imports, manufactures, and markets gifts, promotional products, and institutional marketing.
👉 Rollink's main asset is its patents, which Zaus will now own.
👉 Sagol hired the services of former Ernst & Young chairman Doron Shahrabani to lead the restructuring process of his companies.
#SammySagol #DoronShahrabani #EyalAzulai #Israel #China #business
quotingcalcalist.co.il (nprofile…m2lw)
nevent1q…2h5s
Sami Segol, who sold the plastic crown for a billion dollars a decade ago, held a company called Rollink, which produced a suitcase that alerts its owner to theft and folds up to a thickness of 5 cm. The project did not take off and Segol sold it to someone else for tens of millions of dollars.
https://www.calcalist.co.il/market/article/bjq5an0a1l