XT is owned by Idan Ofer, son of the late Sammy Ofer, and Udi Angel.
It said: “The increasing global presence of the company in recentyears, in a variety of fields such as shipping, aviation, hi-tech, and more,required the company to form a clear and distinct corporate identity.”
It expects the move to end the confusion among banks, governmentsand the media over the different companies associated with the Ofer family andtheir ownership.
XT