Kamari Group Acquires 50% Stake in Tachanat Lechem Coffee Chain
Translated & summarized from Calcalist by baba
The Avital brothers are selling a 50% stake in their Tachanat Lechem coffee chain to the Kamari Group for 23 million shekels. The deal, which includes the BREADCAFE brand, is expected to be finalized in two months. Tachanat Lechem operates 16 branches with plans for significant expansion. The Avital brothers will continue to manage the chain's growth.
The story in 5 lines · by baba
- Kamari Group is acquiring a 50% stake in the Tachanat Lechem coffee chain from the Avital brothers.
- The deal values Tachanat Lechem and its sister brand BREADCAFE at 23 million shekels.
- Tachanat Lechem currently operates 16 branches and plans to expand to 40-50 locations.
- The Avital brothers will remain as CEOs of the chain post-acquisition.
- The Kamari Group operates numerous convenience stores and franchised food and retail outlets.
The Avital brothers, Shai and Eran, have signed a memorandum of understanding to sell 50% of their coffee shop chain, Tachanat Lechem, to the Kamari Group. The deal values the chain at 23 million shekels and includes their two brands, Tachanat Lechem and BREADCAFE. The final agreement is expected within two months.
Tachanat Lechem currently operates 16 branches, with an additional six under construction. Its locations are spread across city centers, shopping malls, and several major Israeli hospitals, including Rambam in Haifa, Beilinson in Petah Tikva, Meir in Kfar Saba, Kaplan in Rehovot, and HaEmek in Afula. The chain has plans to open two more branches in Petah Tikva and one in Kfar Yona, and is seeking locations in Rishon LeZion, Kiryat Ono, and Holon, aiming for a total of 40-50 branches.
The acquisition also involves Kamari Group entering into a partnership with BREADCAFE, the Avital brothers' other chain, which has six branches. In 2019, the Avital brothers founded the burger chain Burger Station, which they later sold to Shlomi Gannot and Andrey Burov. Following the Tachanat Lechem deal, Shai and Eran Avital will remain as CEOs, focusing on expansion and franchisee recruitment. Tachanat Lechem primarily operates on a franchise model, with franchisees paying approximately 3% of their revenue to the parent company. The brothers emphasize their commitment to franchisee profitability, noting that none have left the network.
The Kamari Group is owned by Assaf Kamari (33.4%), Hodaya Group (33.3%), and Tony Ziv and Yossi Mizrahi (33.3%). The group manages 130 convenience stores under brands like Seven Express, Candyland, and Sweet & Toys, as well as 50 franchised outlets in the cafe, fast food, restaurant, pharmacy, and convenience store sectors, including brands such as Arcafe, Roladin, and Aroma.
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