McDonald's has faced calls for a boycott after its Israeli restaurants served thousands of free meals to Israeli soldiers.
Fast food giant McDonald's is buying all of its Israeli restaurants after the company's sales suffered due to extensive boycotts.
The issue was reported by, among others, the British Broadcasting Company BBC and news agency AFP.
The company said on Thursday that it will buy Alonyal, which has been running McDonald's restaurants in Israel for more than 30 years. As a result of the transaction, 225 restaurants located in Israel will be directly owned by McDonald's. About 5,000 employees work in restaurants.
The companies did not disclose the purchase price. The acquisition is to be completed in the next few months.
The majority of McDonald's restaurants operate under franchise agreements, where the restaurants are run by entrepreneurs.
to McDonald's has been the target of boycott calls and protests after restaurants run by Alonyal in Israel served thousands of free meals to Israeli soldiers.
According to the BBC, the company already stated in January that the war between Israel and Hamas had significantly affected its business.
CEO of McDonald's By Chris Kempczinski according to the sentiments have affected the fast food chain's sales in the Middle East, Malaysia, Indonesia and France.
According to the BBC, the company hopes that by taking the reins in Israel, it could restore its reputation in the Middle East and once again achieve its key sales targets.
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