Zalman's Sausage Chain Founder Sells 50% Stake for $2 Million

The founder of the Israeli kosher sausage chain Zalman's is selling a 50% stake in the company to the retail group Kamari for an estimated valuation of 7 million shekels (approximately $2 million). Moshe Zalman Oliv, the founder, currently owns the chain, which operates 12 franchised locations. Kamari Group plans to expand Zalman's to 40 branches nationwide. Currently, Zalman's primarily serves cities with a religious character, including Bnei Brak, Jerusalem, Beitar Illit, Beit Shemesh, and Modi'in Illit, with additional branches in Ra'anana, Tel Aviv, Kiryat Bialik, and Lod. New locations are planned for Elad and Kiryat Motzkin.

Zalman's specializes in kosher, American-style hot dogs and smoked sausages. The acquisition aligns with Kamari Group's strategy of expanding through the purchase of food and retail chains, capitalizing on the growing kosher fast-food market. Kamari Group is owned by Assaf Kamari (33.4%), Hodaya Group (33.3%), and Tony Ziv and Yossi Mizrahi (33.3%). The group operates 130 convenience stores under brands such as Seven Express, Candyland, Sweet & Toys, and Hamama Shoshanat Pitzuachim. Additionally, Kamari Group holds franchises for 50 other businesses in the cafe, fast food, restaurant, pharmacy, and convenience store sectors, including brands like Arcafe, Roladin, Golda, BE Pharmacy, Pizza Agvaniya, Moses, Yashka, Tachat Lechem, Matuka, Niushi, Ilan's, Olam Hamamtakim, Lachmajun, Cacao, Pita Basar, and Aroma.