Brothers Sell Half of Bakery Chain for $6 Million
Translated & summarized from Israel Hayom by baba
The Kamari Group acquired a 50% stake in the "Bread Station" bakery and BREADCAFE coffee shop chains for 23 million shekels. The Avital brothers, who founded the chains, will continue as CEOs. The partnership plans to expand the chains to approximately 50 branches nationwide. The Kamari Group is a major operator of convenience stores and franchises.
The story in 5 lines · by baba
- Kamari Group acquired 50% of "Bread Station" and BREADCAFE for 23 million shekels.
- The deal values the bakery and coffee shop chains at 46 million shekels.
- Brothers Shashi and Eran Avital will continue to lead the chains as CEOs.
- The partnership aims to grow the chains to around 50 branches nationally.
- The Kamari Group operates over 130 convenience stores and numerous franchises.
The Kamari Group has acquired a 50% stake in the "Bread Station" bakery chain and the BREADCAFE coffee shop chain for 23 million shekels (approximately $6 million). The deal values both chains, owned by brothers Shashi and Eran Avital, at 46 million shekels. The Avital brothers will continue to serve as CEOs of both chains, managing daily operations and development.
"Bread Station" currently operates 16 branches across Israel, with six more under construction. BREADCAFE has six branches. The new partnership aims to accelerate the growth of both chains, with a goal of expanding to approximately 50 branches nationwide.
Assaf Kamari, a co-owner of the Kamari Group, stated that the acquisition is a significant step in the group's expansion strategy. He believes in brands with clear identities and loyal customer bases, seeing these chains as an opportunity for long-term value creation. Kamari emphasized that the combination of the Avital brothers' expertise and Kamari's business infrastructure will drive growth and the opening of new branches.
The Kamari Group specializes in establishing and managing franchise networks across Israel, operating over 130 convenience stores under various brands and holding franchises for more than 50 branches of other well-known chains. This acquisition follows other strategic moves by Kamari, including a partnership with "Super Sapir" earlier in 2026 to improve purchasing terms and profitability for franchisees.
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