7-Eleven to come to Israel; first store in Tel Aviv in 2022
Categories: Corporate and M&A
Electra Consumer Products Ltd. has signed a 20-year Master Franchisee Agreement with 7-Eleven, to operate the brand in Israel. The deal includes an option to extend the agreement for a further 50 years.
With plans to open 3-400 stores, 7-Eleven plans to open the first store in Tel Aviv in 2022, with the store opening six days a week, remaining closed on the Sabbath.
Sim Koevary, Michal Weiner, Netaly Sonant and Raz Salama of Meitar acted in this historic franchise agreement to bring 7-Eleven to Israel.
