Shimonov & co. accompanies E. SCHNAPP & CO. WORKS LTD in a transaction to acquire holdings in A.D.I. Stereos And Car Alarms Ltd., which is subject to the fulfilment of conditions precedent by the end of 2016. A.D.I. Stereos And Car Alarms Ltd. is a private company mainly engaged in the import, marketing and installation of a wide range of smart products for the automotive market in Israel.