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Full coverage· Economy· Updated

Singer Omer Adam Becomes Partner in Zappa Entertainment Chain

Singer Omer Adam and Aroma Music have acquired a 40.05% stake in the Zappa entertainment venue chain from Delek Israel for 20 million shekels. The Adam family and Aroma Music will manage and develop the chain. This deal comes after Delek Israel recently increased its own stake in Zappa.

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What happened

  1. 01Singer Omer Adam and Aroma Music acquired 40.05% of Zappa entertainment chain from Delek Israel.
  2. 02The deal is valued at 20 million shekels, with the Adam family managing the chain.
  3. 03Aroma Music represents artists like Idan Raichel and Shlomi Shabat.
  4. 04Omer Adam's father, Yiniv Adam, collaborates with impresario Beni Menashe.
  5. 05Delek Israel recently bought out German company Eventim's share in Zappa.
Translated and summarized by baba from Kipa, the latest report. Read Kipa’s original

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