New deal in the restaurant market: "Pizza Har Sinai" chain on the way to partial sale
The Israeli restaurant world is facing a significant change. Businessman and restaurateur David Tur, owner of the "Pizza Har Sinai" chain, is currently in advanced negotiations to sell half of the ownership of the chain.
According to reports, the deal is valued at approximately 60 million shekels. The prospective buyer is a businessman whose identity has not yet been revealed to the public, and the move is expected to impact the continued operations and expansion of the well-known chain.
"Pizza Har Sinai" currently operates three branches across the country. The planned sale indicates investor confidence in the Israeli fast-food market, even at a time when the economy is facing significant financial challenges.
The parties to the deal have not yet released further details regarding the completion of the move or the future plans for the chain following the entry of the new partner. We will continue to follow and update on developments as more details are released.