Class in: Offers
Theme : Company acquisitions and mergers
- After a decade of successful partnership, Shamal acquires a controlling interest in one of the world's most famous restaurants and entertainment venues.
- This acquisition is part of Shamal's vision to become a global investment institution that plays an active role in achieving Dubai's long-term goals.
- The acquisition should enable SUSHISAMBA to take the next step in its further development and international expansion.
DUBA, United Arab Emirates, Dec. 15, 2023 /PRNewswire/ — Shamal Holding, a diversified investment company managing a unique portfolio of investments, assets and experiences, has completed the acquisition of SUSHISAMBA Group, giving it full control of SUSHISAMBA- Premium adopted restaurant brand.
As part of the new structure and having owned 50% of SUSHISAMBA since 2014, Shamal Holding will now take full control of the brand and its operational activities across all international locations.
After opening its first restaurant in New York in 1999, SUSHISAMBA has grown into one of the world's most sought-after dining and entertainment experiences and a leading restaurant group through a unique blend of culture and gastronomy. Japanese, Brazilian and Peruvian.
With a growing global presence, SUSHISAMBA is a pioneer in the hospitality industry and has two restaurants in London with stunning city views, as well as exceptional locations in Doha, Edinburgh, Las Vegas and Dubai. The brand opened its doors in Dubai in 2021, where within a year it was named Best Fusion Cuisine Restaurant at the Fact Dining Awards Dubai. Located on the famous Palm Jumeirah, SUSHISAMBA Duba offers breathtaking views of the horizon and the Arabian Gulf from the 51st floor of the St. Regis Dubai. The restaurant was also nominated for the “Best Fusion Restaurant 2023” award.
Abdulla Binhabtoor, Director of Portfolio Management at Shamal Holding,said: SUSHISAMBA is one of the most renowned concept restaurants in the world. Having built a strong partnership with the SUSHISAMBA team since 2014, we look forward to leveraging our resources and expertise to drive the company's accelerated growth and further development as an iconic culinary experience and lifestyle brand.
In line with its long-term investment strategy aimed at providing exceptional experiences in the region, the acquisition of SUSHISAMBA reflects Shamal Holding's desire to create an international portfolio of assets, investments and experiences in hotels, restaurants, real estate and high -End to build. End leisure destinations.
Regarding the strategic logic of the acquisition of SUSHISAMBA, Mister.Binhabtoor said: SUSHISAMBA enriches our global hotel portfolio, which already includes a number of exceptional assets as part of a globally diversified portfolio that reflects the ambition, spirit and energy of Dubai.
Omar Gutierrez, Co-General Director of SUSHISAMBA Group,said: For almost a decade, Shamal Holding has been an important partner in the success of SUSHISAMBA. During this time, we have built a strong partnership and are working closely together to drive growth across all of our operations. This decision is more than a structural change, it shows a deep commitment to our growth and evolution that will allow us to continue to thrive as an iconic restaurant and lifestyle brand around the world in this dynamic and creative market.
SUSHISAMBA's commitment to culinary excellence and setting trends in the hospitality industry makes the company a leading global hospitality and lifestyle brand with dynamic locations in London, Las Vegas, Edinburgh, Doha and Dubai, as well as locations in Bahren, Abu Dhabi and Riads that do this will open in 2024.
All images are available in high resolution here: https://we.tl/t-wwhmE58vmC
About Shamal
Founded in Duba, ShamalHolding is a diversified investment company that cultivates the exceptional through a unique portfolio of investments, experiences and assets. The investments we make are strategically selected and carefully maintained. They reflect the ambition, spirit and energy of Dubai.
Our real estate portfolio includes communities, neighborhoods, residences, centers and commercial areas. We contribute to the realization of every potential by proposing unique projects such as Dubai Harbor and NadAlSheba Gardens. We invest in a range of properties, franchises and operations in the luxury hospitality, upscale and affordable experiential sectors with exceptional and diverse national and international brands such as Five Guys, Jumeirah Zabeel Saray, Hart Shoreditch Hotel London or the Baccarat Hotel and Residences Dubai will be inaugurated soon.
For more information, visit www.shamalholding.com
About SUSHISAMBA
SUSHISAMBA celebrates the culture and cuisine of Japan, Brazil and Peru. This multi-sensory experience combines innovative dishes, creative drinks and the familiar energy and mood? and appreciated? around the world. SUSHISAMBA's menus are an exciting mix of new and unique dishes that emphasize flavors, the finest ingredients and artistic presentations. To complement the cuisine, the restaurant offers specialty cocktails, cultural spirits such as whiskey and Japanese sak, as well as a wide selection of wines and champagnes.
SUSHISAMBA has locations in Las Vegas, London, Dubai, Doha and Edinburgh and will soon be opening new locations: Bahren, Riyadh, Abu Dhabi and Milan. For more information, visit www.sushisamba.com and follow us on social media @SUSHISAMBA.
Photo -https://www.spamchronicles.com/wp-content/uploads/2023/12/Shamal-Holding-acquires-a-majority-stake-in-SUSHISAMBA-LeLezardcom.jpg
Photo -https://www.spamchronicles.com/wp-content/uploads/2023/12/1702706792_761_Shamal-Holding-acquires-a-majority-stake-in-SUSHISAMBA-LeLezardcom.jpg
These press releases might also interest you
|
Press release sent on December 15, 2023 at 12:07 p.m. and distributed by:
