Sky Fund to Buy Half of Catering Company Le Bar

In depth

The Sky investment fund is buying 50% of the catering company Le Bar from the Yafrah family in a deal valued at between 300 and 400 million shekels, according to TheMarker. The company's owners, Yaakov and Miri Yafrah and their children, will continue to manage it.

According to Globes, the company provides catering services to Osem, Shufersal, Electra, the Meir Group, the Israel Police, the IDF and the Israel Prison Service. According to Ynet, the company's revenues reach about 400 million shekels a year, and the deal marks the Sky fund's first entry into the catering sector.