Kamari Retail Buys 50% Stake in Haredi Hot Dog Chain Zalman's

Kamari Retail, which operates 130 convenience stores under brands like Seven Express and Sweet & Toys, is acquiring a 50% stake in the Haredi hot dog chain Zalman's, owned by Moshe Zalman Oliv. The deal's value was not disclosed, but it is estimated at a company valuation of NIS 7 million. Kamari Retail plans to open 40 new Zalman's branches across Israel.

Zalman's, founded in Israel by US-born Oliv, currently has 12 branches in cities including Jerusalem, Ra'anana, Tel Aviv, Beitar Illit, Modi'in Illit, and Bnei Brak. The chain specializes in kosher hot dogs and smoked sausages made from unique recipes.

Oliv stated that Zalman's was born from a "true love for the American hot dog and memories of taste, smell, and childhood experiences." He emphasized the importance of finding a partner who understands the brand as a complete experience, not just a product. He believes the partnership with Kamari Retail will allow Zalman's to reach a much larger audience throughout Israel while maintaining its quality, authenticity, and taste.

This move aligns with the growth of the kosher fast-food sector and Kamari Group's desire to expand into new food areas. Kamari Retail will acquire 50% of the rights to operate and develop the Zalman's chain in Israel, participating in its expansion, new branch openings, commercial development, and brand building.

Assaf Kamari, a co-owner of Kamari Retail, expressed the company's goal to take Zalman's unique American experience, preserve its quality and character, and introduce it to new audiences nationwide. Kamari Retail, which operates convenience stores, food, and retail chains in Israel, specializes in franchise models and manages around 50 franchised branches for brands such as Arcaffe, Roladin, and Aroma.