Aroma partner buys major stake in Arcaffe

28.05.2012                      07.Siwan. 5772                    Schawuoth 2

Wirtschaft:

Aroma partner buys major stake in Arcaffe

A source close to the deal said the new Arcaffe partner, Yaron Yarkoni, who had been deputy CEO of Aroma Israel, will divest himself of his interest in Aroma.

The Shemer family, which owns the Arcaffe chain of coffee shops, has sold a 45% stake in its company to an investor who also owns a 10% stake in Aroma Israel – a competing cafe chain. A source close to the deal said the new Arcaffe partner, Yaron Yarkoni, who had been deputy CEO of Aroma Israel, will divest himself of his interest in Aroma….