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McDonald’s is buying its restaurants in Israel The longtime franchisee is expected to revive sales that have declined due to the boycott in the region.
The Chicago-based burger giant said Friday it will buy Alonil Ltd., which owns and operates 225 restaurants in Israel. Financial terms were not disclosed. The deal is expected to be completed in the next few months.
McDonald’s said it would operate the restaurants and retain more than 5,000 employees.
“McDonald’s is committed to the Israeli market and ensuring a positive employee and customer experience in the market going forward,” Joe Semples, president of McDonald’s international developmental licensed markets, said in a statement.
Alonyal has operated McDonald’s in Israel for more than 30 years. In a statement on Friday, Aloneal CEO Omri Padan said the series is one of the most successful series in the country.
But Aloniel also sparked controversy in October when he announced on social media that McDonald’s was providing free meals for Israeli soldiers. The announcement caused a stir Disfellowship in the Middle East and in Muslim-majority countries such as Malaysia and Indonesia. McDonald’s It is said that sales were also affected In countries with large Muslim populations, like france,
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“As long as this conflict, this war, is going on … we don’t expect to see any significant improvement,” McDonald said. CEO Chris Kempczinski Said in February. “It’s a human tragedy that’s happening, and I think it impacts brands like ours.”
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