Posted 4/5/2024, 6:12:00 AM
McDonald's Buys Back Israel Franchise Operations Amid Controversy
- McDonald's is buying back all 225 of its franchised restaurants in Israel from Alonyal Limited
- Alonyal Limited has operated the Israel McDonald's for over 30 years and grew it into the leading restaurant chain
- The buyback comes amid boycotts of McDonald's and other brands in Israel over donations to the Israeli military
- Alonyal Limited's over 5,000 employees will keep their jobs under McDonald's ownership
- McDonald's remains committed to the Israeli market going forward