McDonald\u2019s announced Thursday that Omri Padan, the CEO and owner of Alonyal Limited, would be selling its franchises in Israel back to the corporation.<\/p>\n\n\n\n
Alonyal began its McDonald\u2019s operations in Israel more than 30 years ago and now has \u201cgrown the business to 225 restaurants and more than 5,000 employees.\u201d The employees and restaurant operations will be retained on equivalent terms, McDonald\u2019s said in a statement.<\/u><\/a><\/p>\n\n\n\n \u201cFor more than 30 years, Alonyal Limited has been proud to bring the Golden Arches to Israel and serve our communities. We\u2019ve grown the brand to be the leading and most successful restaurant chain in Israel and are grateful to our management, employees, suppliers, and customers who made this possible,\u201d Padan said in a statement. \u201cWe are encouraged by what the future holds.\u201d<\/p>\n\n\n\n Jo Sempels, the McDonald\u2019s President of International Developmental Licensed Markets, said in a statement that they were grateful for Alonyal\u2019s business and brand in Israel for the past 30 years.<\/p>\n\n\n\n \u201cMcDonald\u2019s remains committed to the Israeli market and to ensuring a positive employee and customer experience in the market going forward,\u201d Sempels said.<\/p>\n\n\n\n McDonald\u2019s did not give a date for the purchase but said the closing date is subject to certain conditions and will be completed in the coming months.<\/p>\n\n\n\n