Dor Alon to buy 75% of Kafu-Zan Group, entering the field of food production for the first time

Categories: Corporate and M&A

Dor Alon is buying 75% of the Kafu Zan Group, the veteran company and a leader in manufacturing, importing and marketing.

Valuing the target at NIS 200 million, this acquisition will enable Dor Alon to significantly expand its activities in the food sector, while creating a significant competitive advantage and strengthening its position as a leading player in the market.

Erdinast, Ben Nathan, Toledano acts for Dor Alon, which develops, builds and operates gas stations and currently operates 157 Alonit and Super Alonit convenience stores as well as the AM:PM chain of retail outlets. EBN’s team included partners Alon Binyamini (insolvency), Eyal Weisel (corporate), Noa Bar-Shir (labor), Michal Rothschild (competition) with associates Noy Shefler (insolvency), Bar Artzy (labor), Tom Lahav (corporate) and Omri Gissin (competition).