Home » Dubai Investors »

|| Dubai firm to buy UK food chain for $139 million

landmark-italy.jpgDubai-based firm The Landmark Group has agreed to buy Carluccio's, UK operator of Italian restaurants, in a transaction valuing the company at $139 million - the Bloomberg is reporting.

The first Carluccio's caffè and food store opened in November 1999 and it has expanded to 47 restaurants in the UK, in addition to four franchises (one in Dublin and three in the
Middle East). Carluccio's has been trading on London's AIM since December 2005. For the year ended September 2009, Carluccio's reported profit (on ordinary activities before taxation and impairment costs) was $7.2 million on turnover of $106 million. Net assets at September 2009 were $26.8 million.

To see more Middle East investors like the Landmark Group, check our Middle East Investors Directory.

You can read details of the offer on this website.

Previous Post: Middle East investors show interest in Chicago airport rail investment
Next Post: Sahara International Ventures acquired majority stake in an ISP

More from Dubai Investors ...

  Dubai firm DP World acquires $50 million stake in Virgin Hyperloop (September 2018)

  Dubai firm acquired Denmark logistics company for $762 million (August 2018)

  Dubai investors of ICD acquired 25% of Italian firm CAI (July 2018)

  Middle East investors acquired stake in online firm Bloovo.com for $3 million (June 2017)

  Dubai investors of GII acquired stake in Canadian firm Nymi for $15 million (May 2017)

  Dubai firm acquired 51% of fashion website Namshi for $151 million (May 2017)

  Middle East investors acquired Amazon's largest UK distribution warehouse for $76 million (April 2017)

  Dubai private equity firm invested $50 million in South American home designer (March 2017)

  Dubai deVere Group acquires private bank in the Caribbean (February 2017)

  Dubai investment firm acquired California shopping center Poinsettia Plaza (February 2017)

|| About Us

Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.

|| Subscribe

Copyright 2007-2019 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   Facebook    Twitter