Major deal in the food industry: "Pizza Har Sinai" chain on the way to being sold
The Israeli restaurant world is making significant headlines these days. Businessman David Tur, owner of the "Pizza Har Sinai" chain, is in advanced negotiations to sell half ownership of the chain. According to reports, the value of the deal is estimated at approximately 60 million shekels.
The identity of the businessman interested in purchasing the stake in the chain has not yet been revealed to the public, and the parties are maintaining discretion regarding the details of the negotiations. This is a significant business move for the chain, which has gained great popularity among the Israeli public in recent years.
As of today, the "Pizza Har Sinai" chain operates three active branches. The expected sale may lead to the expansion of the chain and strategic changes in its management, with the goal of strengthening its position in the competitive fast-food market in Israel.
The deal reflects the high level of interest from investors in the local restaurant industry, even during challenging times. We will continue to follow the development of the negotiations and provide updates as more details become official.