Alamar Foods Company has acquired the Five Guys franchise operator Cravia Arabia to enhance its presence in the Saudi Arabian quick-service restaurant sector.

Target Information

Alamar Foods Company, a prominent player in the food and beverage sector of Saudi Arabia, has recently acquired the Five Guys franchisee and operator, Cravia Arabia. This strategic acquisition marks a significant milestone in Alamar's growth trajectory as it seeks to diversify and enhance its portfolio of leading food and beverage brands. With a robust operational framework already established, Alamar aims to leverage the strong brand recognition of Five Guys to capture a larger market share in the growing Quick Service Restaurant (QSR) segment.

Cravia Arabia not only oversees the operation of the Five Guys brand but also has built a solid reputation within the Kingdom. With a current operational network of 13 restaurants across various regions, the franchise boasts an impressive operating platform, ensuring quality and consistency in its service and product offerings.

Industry Overview in Saudi Arabia

The food and beverage industry in Saudi Arabia is experiencing rapid growth, driven by changing consumer preferences and an increasing demand for diverse dining options. The governme