Degania Silicone Ltd. (Israel)

We want to express our deepest appreciation for the time and effort that you invested with us in order to bring the acquisition of Arthesys S.A. (Paris, France) to a successful conclusion. This cross border transaction was particularly complex because of the Arthesys ownership composition, and the foreign financial, legal and the cultural nuances that were involved. We were immensely impressed by your negotiating skills, patience and ability to assist the various parties to bridge their differences over the many months of negotiations. We look forward to working with you on future transactions.