Americana Restaurants Targets Stake in Cravia
Deal News | Jun 23, 2025 | Zawya
Americana Restaurants International is in discussions to potentially acquire a stake in Dubai-based Cravia Inc, known for operating brands such as Zaatar W Zeit, Five Guys, and Cinnabon across the Middle East. The details about the size of the stake or the transaction timeline have not been disclosed. Bloomberg has indicated that the stake could be purchased from current owner Fajr Capital, a private equity firm. Americana Restaurants is reportedly 66% owned by Adeptio AD Investment SPC, a collaboration involving Emaar's founder Mohamed Alabbar and Saudi Arabia's Public Investment Fund.
Sectors
- Restaurant and Food Services
- Private Equity
Geography
- United Arab Emirates – Cravia Inc is based in Dubai, making the UAE a central geographic focus of the article.
- Saudi Arabia – Americana Restaurants' major owner, Adeptio AD Investment SPC, involves Saudi Arabia's Public Investment Fund.
- Middle East – Cravia Inc operates brands across the Middle East, and Americana Restaurants is interested in expanding their presence in this region.
Industry
- Restaurant and Food Services – The article is about Americana Restaurants, which is looking to acquire a stake in Cravia Inc, a company operating restaurant and food service brands in the Middle East.
- Private Equity – The potential acquisition involves a stake held by Fajr Capital, a private equity firm, highlighting the sector's involvement.
Financials
- Not Disclosed – No financial details about the size of the potential stake or the transaction terms have been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Americana Restaurants International | Bidding Company | Company | A restaurant company looking to acquire a stake in Cravia Inc. |
| Cravia Inc | Target Company | Company | The operator of restaurant brands such as Zaatar W Zeit, Five Guys, and Cinnabon in the Middle East. |
| Fajr Capital | Selling Company | Company | A private equity owner of Cravia Inc where the stake may come from. |
| Adeptio AD Investment SPC | Owner of Bidding Company | Company | Majority owner of Americana Restaurants, a joint venture between Mohamed Alabbar and Saudi Arabia's Public Investment Fund. |
| Mohamed Alabbar | Owner's Representative | Person | Founder of Emaar, involved with Adeptio AD Investment SPC. |
| Saudi Arabia's Public Investment Fund (PIF) | Owner's Representative | Government | Part of the joint venture Adeptio AD Investment SPC, owning Americana Restaurants. |