Dubai investment firm acquired stake in food franchiser Cravia
Dubai-based investment firm Fajr Capital has acquired stake in food and beverage holding Cravia.
established in 2001, Cravia is the parent company that operates MENA food and beverage franchises of Zaatar w Zeit, Cinnabon, Seattle’s Best Coffee, operating over 85 restaurants with more than 1,500 employees. Dubai-based Fajr Capital has over $700 million committed capital with shareholders including Abu Dhabi Investment Council, Government of Brunei Darussalam Consortium, and Khazanah Nasional.
Fajr Capital is listed in the Middle East Investors Directory with the code SINMA16.
More details follows
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