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After 30 years: Omri Padan sells McDonald's Israel to the global company - voila! Of money

2024-04-04T12:07:00.709Z

Highlights: After 30 years: Omri Padan sells McDonald's Israel to the global company - voila! Of money. Padan owns the chain through the Aluniel company, when upon completion of the transaction, McDonald's Global will own the chain in Israel and the conditions of the employees will be maintained. The chain, which is considered one of the most successful in Israel, currently has 225 branches nationwide and employs about 5,000 people. The agreement is subject to certain conditions, which will be concluded in the coming months. The company refused to disclose the amount for which the chain was sold.


Padan sells the chain that has 225 branches and employs about 5,000 people, more than 30 years after the establishment of the first branch in Ayalon Mall


A 1982 commercial for McDonald's Nuggets

Businessman Omri Padan is selling McDonald's restaurants in Israel to the parent company - McDonald's Global. Padan owns the chain through the Aluniel company, when upon completion of the transaction, McDonald's Global will own the chain in Israel and the conditions of the employees will be maintained.



The chain, which is considered one of the most successful in Israel, currently has 225 branches nationwide and employs about 5,000 people. It began its activity more than 30 years ago, with the launch of the first branch in Ayalon Mall. The agreement is subject to certain conditions, which will be concluded in the coming months.



The company refused to disclose the amount for which the chain was sold. Sources close to the deal estimated that McDonald's Global will not actually operate the chain but will enter into a new franchise deal as it does in the vast majority that includes about 95% of the brand's restaurants in the world.

Padan Thank you from the bottom of my heart/Creative Commons

Padan, the CEO and owner of Aluniel, said today that "For more than 30 years, Aluniel Ltd. is proud to operate McDonald's in Israel and to serve its millions of customers. McDonald's Israel is the leading and most successful restaurant chain in Israel and for that we We sincerely thank the management, employees, suppliers and customers who made this possible. We are sure of the company's success in the future."



Joe Semples, president of international development of McDonald's franchises, added that "We thank Eloniel Ltd. for building the McDonald's business and brand in Israel over the past 30 years. McDonald's remains committed to the Israeli market and to a positive experience for customers and employees."

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McDonald's branch. One of 225 across the country/Assaf Levy

The chain announced last January that it would open 13 new branches this year.



Five branches will be located in BIG centers that are planned to open in Giloli, Or Akiva, Gedera, Kermi Gat and Migdal Ha'Emek and branches in the SEVEN complexes that will



open this year in Berhat and Tamara. Ahead of Passover, a restaurant will be opened in Top Dan Tel Aviv and later also in the renewed Jaffa port. A total of 17 branches will operate in Tel Aviv by the end of the year.



Two more branches will be opened in Ashdod, which will open in the renewed marina and in the 16th district. In the city of Modi'in, a third branch will be opened in the new Moreshet neighborhood.



Along with the openings, the chain will also invest in renovating and upgrading branches, including the old branch in Dizengoff Center, the Promenade branch in Tel Aviv, Beit Hakarem in Jerusalem, Tzemach Junction and BILO Junction. The



successful restaurant chain is currently celebrating thirty years since the opening of its first flagship branch in the Elon Mall in Ramat Gan , which was recently renovated and renovated.

  • More on the same topic:

  • McDonald's

  • Omri Padan

Source: walla

All business articles on 2024-04-04

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