Americana in talks to take stake in F&B franchise operator Cravia

0
476aa14c3946f1b28b6d1fb8c0d58b02.jpeg


United Arab Emirates (UAE)-based fast service restaurant operator Americana Eating places is in preliminary discussions to amass a stake in compatriot Cravia, a meals and beverage (F&B) franchise operator.

The information was confirmed by Americana in a inventory change submitting on 22 June 2025.

The scale of the stake or the anticipated timeline for the transaction weren’t disclosed.

Cravia, headquartered in Dubai, has been below the possession of personal fairness investor Fajr Capital since 2016. It has 78 retailers and a workforce exceeding 2,000.

Its model choices are 5 Guys, Cinnabon, Zaatar W Zeit, Carvel ice cream and Seattle’s Finest Espresso.

Americana beforehand gained approval for concurrent and twin itemizing in Saudi Arabia and the UAE from the Saudi monetary regulatory authority.

Americana Eating places not too long ago added Peet’s Espresso to its portfolio of manufacturers, which incorporates KFC, Hardee’s, Pizza Hut, TGI Fridays and Krispy Kreme.

It opened 14 new shops and mixed 46 extra shops from Pizza Hut Oman, totalling the shop depend to 2,630 throughout 12 nations.

The corporate additionally operates Wimpy and Rooster Tikka throughout the Center East and North Africa (MENA) area and Kazakhstan. It’s backed by an funding car owned by Saudi Arabia’s sovereign wealth fund and actual property mogul Mohamed Alabbar.

Bloomberg highlights that Americana’s place has been tight as a result of model’s inside restructuring, job cuts and a client boycott of its manufacturers that started with the onset of the Israel-Hamas battle.

Within the first quarter (Q1) of 2025, the corporate generated a web revenue attributable to shareholders of the dad or mum firm of $32.6m, up 16.5% from Q1 2024.

Earnings earlier than curiosity, taxes, depreciation and amortisation stand at $121.7m, a 17.4% year-on-year improve.

“Americana in talks to take stake in F&B franchise operator Cravia” was initially created and revealed by Verdict Meals Service, a GlobalData owned model.

 


The knowledge on this web site has been included in good religion for normal informational functions solely. It isn’t meant to quantity to recommendation on which you must rely, and we give no illustration, guarantee or assure, whether or not categorical or implied as to its accuracy or completeness. You will need to acquire skilled or specialist recommendation earlier than taking, or refraining from, any motion on the premise of the content material on our web site.

Leave a Reply

Your email address will not be published. Required fields are marked *