Retail Company Buys Half Stake in Haredi Sausage Chain
Translated & summarized from TheMarker by baba
BusinessNeutral tone
Originalהאקזיט של זלמן: 50% מרשת הנקניקיות החרדית זלמנ'ס יימכרו לפי שווי של 7 מיליון שקל לקמרי קמעונאותPlus
The story in 5 lines · by baba
- Kamari Retail acquires 50% of Zalman's sausage chain.
- The deal values Zalman's at 7 million shekels.
- Expansion plans aim for 40 Zalman's branches.
- Zalman's is a Haredi-focused sausage business.
- Kamari Retail operates 130 convenience stores.
Kamari Retail, which operates 130 convenience stores under brands including Seven Express and Candyland, is acquiring a 50% stake in Zalman's, a Haredi sausage chain owned by Moshe Zalman Oliv. While the deal's value was not disclosed, it is estimated at a company valuation of 7 million shekels. Kamari Retail's objective is to expand Zalman's, which currently has 12 branches, to 40 locations across Israel.
Read the original at TheMarker
