Inspire Investment, an Israeli investment firm, has reached agreement with the firm to invest 5.2m ($10m) in the firm. The deal is subject to approval by Nur's shareholders, due diligence and restructuring the firm's bank debt.

Chairman of the Nur board and major shareholder Dan Purjes has resigned, and voting control of all his shares is being passed to Inspire.

Following Purjes' resignation private investor Robert Hussey has been appointed chairman and Tamar Peller has been appointed as a new member of the board.