Press Release: Ramot : CBRE Group, Inc. Enters into Agreement to Acquire Majority Interest in Facilities Management Provider Ramot Group in Israel

LOS ANGELES--(BUSINESS WIRE)--CBRE Group, Inc. (NYSE:CBRE) today announced that it has entered into an agreement to acquire a majority interest in the Ramot Group (Ramot), a leading facilities management provider in Israel. Founded by Shlomo Margolin in 1993, Ramot, based in Tel Aviv, employs more than 750 staff and manages an extensive portfolio of facilities. Ramot's substantial capabilities include technical maintenance, project management, cleaning services, reception administration and env