Delek Israel is acquiring 70% of the Burger King chain operating in Israel

Delek Israel continues to expand its activity in the food market and appeal to additional audiences, acquiring 70% of the Burger King chain operating in Israel and expected to undergo a significant and immediate development process and grow from 9 branches today to dozens of branches nationwide, within a few years. The investment in each branch is estimated at NIS 1.5 million.
Yoram Eyal, CEO of Delek Israel, said today: "The deal reflects another tier in the company's strategy led by the new management, to expand its grip in the retail sector, with the intention of providing consumers with a wide range of products under one group."
"We joined Burger King Israel in order to differentiate ourselves from the competition, and in the process we will be able to combine the company's activities," Eyal added.
Some of the branches will be established inside the gas stations as a complementary service similar to what is accepted all over the world, and in addition dozens of branches will be established outside the gas stations in the various formats accepted in the global network.