Violence Against Japanika Chain Delays Landora Group IPO Planned for Early 2027

The planned initial public offering (IPO) of Landora Group, controlled by Barak Abramov and owner of the Japanika restaurant chain, is expected to be postponed due to recent violent attacks. These incidents included grenade throws and shootings targeting Japanika branches across Israel. Abramov is not personally involved in the case. Financial market sources told Calcalist that such violence creates significant short-term uncertainty, raising investor concerns and complicating the IPO valuation process. Consequently, the IPO originally scheduled for early 2027 is likely to be delayed.

Police are investigating possible links between the attacks and conflicts among criminal organizations. A few months ago, Leumi Partners, the investment arm of Bank Leumi, acquired about 20% of Landora Group for 200 million shekels, valuing the company at approximately one billion shekels. At the time, the deal was seen as a strategic move to expand Landora's operations and potentially prepare for a future stock market listing of Japanika. However, the recent violent events have cast doubt on this timeline.

Leumi Partners declined to comment on the grenade attacks against Japanika outlets. Market insiders are questioning the quality of the deal given the unforeseen involvement of Bank Leumi's real estate investment arm in this troubling episode.