‎Alamar signs SPA to acquire Five Guys franchise rights at SAR 85M initial value

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Logo ofAlamar Foods Co.

Alamar Foods Co. signed a sell purchase agreement (SPA) to acquire 100% of Al-Shaghaf Arabia Ltd (also known as Cravia Arabia Co.), for SAR 85 million subject to downward adjustment based on certain conditions in the SPA.

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Logo ofAlamar Foods Co.

Alamar Foods Co. signed a sell purchase agreement (SPA) to acquire 100% of Al-Shaghaf Arabia Ltd (also known as Cravia Arabia Co.), for SAR 85 million subject to downward adjustment based on certain conditions in the SPA.