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Kamari Group Acquires 50% Stake in Bakery Chains for $6 Million
On Monday, October 12, 2026, the Kamari Group signed a memorandum of understanding to acquire a 50% stake in the Tachanat Lechem bakery and coffee shop chain, as well as the BREADCAFE chain, from brothers Eran and Shai Avital, who is also referred to as Shashi Avital. The deal is valued at 23 million shekels, which Israel Hayom reported values the combined chains at 46 million shekels. The final agreement is expected to be completed within two months.
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What happened
- 01The Kamari Group signed a memorandum of understanding to acquire a 50% stake in Tachanat Lechem and BREADCAFE for 23 million shekels.
- 02The deal values the bakery and coffee shop chains, owned by brothers Eran and Shai Avital, at 46 million shekels according to Israel Hayom.
- 03Tachanat Lechem currently operates 16 branches, with six more under construction and plans to expand to approximately 50 locations nationwide.
- 04The sister brand BREADCAFE currently operates six branches and will be integrated into the joint venture.
- 05Brothers Eran and Shai Avital will remain as CEOs of both chains to manage daily operations and franchise growth.
- 06The Kamari Group operates over 130 convenience stores and holds franchises for brands including Roladin, Golda, and Pizza Agvania.
- 07This acquisition follows the Kamari Group's recent purchase of a 50% stake in the kosher sausage chain Zalman's.
Tachanat Lechem currently operates 16 branches across Israel, including locations in city centers, shopping malls, and major hospitals such as Rambam in Haifa, Beilinson in Petah Tikva, and Kaplan in Rehovot. An additional six branches are under construction, and BREADCAFE operates six existing locations. Under the new partnership, the co-owners plan to expand the chains to approximately 50 branches nationwide, targeting new locations in Rishon LeZion, Kiryat Ono, and Holon.
Following the acquisition, the Avital brothers will remain as CEOs of both chains to manage daily operations, brand development, and expansion. The Kamari Group, owned by Assaf Kamari, operates over 130 convenience stores and holds numerous food and retail franchises. This transaction follows the group's recent acquisition of a 50% stake in the kosher sausage chain Zalman's.
Summarized by baba from the reports of 4 newsrooms. Updated
Latest report: Mako. Read Mako’s original
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Kamari Group Acquires 50% Stake in Bakery Chains for $6 Million