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Sakal Meir

Meir Sakal
Meir Sakal
Deputy Chairman Sakal Group; CEO Sakal Brothers & Layam
 

Professional background: One of the founders of the Sakal Group. In the 70's, together with his brother Meir founded Sakal Brothers. The company began to market duty-free goods to United Nations personnel and diplomats in Israel and received a concession to run a duty-free store at Ashdod port. In 2002, Sakal Brothers purchased "Layam" from Zim, and established its status as a major vendor of duty-free goods to ships, in addition to its regular business transactions. Today, Layam and Sakal Brothers are Israel's leading companies in the marketing and sale of duty free products to UN personnel, multinational forces, and diplomats. In 1990 Sakal Sport received a concession to operate the duty-free store for sporting goods at Ben- Gurion Airport. In 1997 Sakal Duty-Free received the concession to operate the electrical appliances and electronics store at Ben-Gurion Airport, along with another seven duty-free stores, including a disc store, a toy store, a diskette store, a fashion store and more. In 2004 the Group took another leap forward as it gained four concessions for duty-free stores at Ben-Gurion 2000 Airport, amongst them the new electronics shop, one of the largest and most innovative in the world.

Executive motto:
Our group's strength lies in the synergy between the different business units; all units are long-term trust relationships with our international suppliers, investment in human capital, and a focus on current and future clients' needs. Over time, the strong ties have made them full partners in the company's success. Importing the right brands, marketing to specific target markets and a strong management of inventories has helped us to manage a successful and efficient company.

Professional accomplishments:
Sakal has developed the duty-free industry in Israel; changed consumer habits in the electrical appliances and electronics market (the "$200 revolution"); established long-term relationships and joint ventures with leading international companies, transformed the sport duty-free store at Ben Gurion Airport into a world leader in terms of turnover per square meter in the sports apparel industry. Significant advances in supplying goods to ships and operating duty free shops at various ports.