Israeli bakery chain sold for $23m in major food sector consolidation

Kameri Group has acquired a 50% stake in brothers Shai and Eran Avital’s bakery and café networks in a $23 million deal. The partnership aims to accelerate growth and expand the ‘Tahana Lechem’ brand to approximately 50 locations nationwide, with the Avital brothers remaining as CEOs managing daily operations.

Sources: Israel Hayom

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