Uri Watermann, the former chief executive of Shufersal, has taken Israel’s largest supermarket chain to court. The lawsuit, filed in the Tel Aviv Regional Labour Court, seeks NIS 5,799,299 in damages.
The legal action centers on what Watermann describes as cynical exploitation, deception, and his sudden removal from the company after new ownership took the reins in 2024.
What happened at Shufersal
Watermann held senior executive positions at Shufersal for roughly seven years, first running the Be chain and later serving as CEO of the entire operation. During that stretch, he steered the company through what has been characterized as a significant and challenging period.
Brothers Shlomo and Yossef Amir completed their acquisition of a 24.99% stake in Shufersal, a deal valued at NIS 1.5 billion, around late February 2024. The Amir brothers, who previously developed the Freshmarket supermarket chain, moved quickly to assume key leadership roles within the company.
