It comes after Alonyal offered discounts to Israeli soldiers and security forces.
McDonald’s is set to buy back the 225 restaurant franchises it has in Israel , the company announced on Thursday.
Following the deal, Omri Padan, CEO and owner of Alonyal, said: "For more than 30 years, Alonyal Limited has been proud to bring the brand to Israel and serve our communities." It comes after Alonyal offered discounts to Israeli soldiers and security forces following the October 7 attacks, in which Hamas fighters killed more than 1,200 Israeli soldiers and civilians and kidnapped about 200 more, ITV News' US partner CNN reports.As a franchisee, Alonyal acts as an independent company, setting wages and prices and making statements or donations at their discretion.
During its last earnings report in February, McDonald's doubled down and said the conflict would likely continue to weigh on its business.
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