Dubai-based investment firm buys SushiSamba

Shamal Holding had a 50% stake in the restaurant group before the acquisition.

United Arab Emirates-based investment firm Shamal Holding has finalised its acquisition of the fine dining brand SushiSamba.

With the firm having a 50% stake in the dining group, Shamal Holding has officially a full controlling interest in SushiSamba and its operations in all existing and future locations.

“Having formed a strong partnership with the SUSHISAMBA team since 2014, we look forward to applying our resources and know-how to drive accelerated growth for the business and its continued evolution as an iconic restaurant experience and lifestyle brand,” Abdulla Binhabtoor, chief portfolio management officer of Shamal Holding, said.

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Since the establishment of its first restaurant in New York back in 1999, SushiSamba has turned into one of the most exclusive dining and entertainment experiences and premier restaurant groups. Known for its curated menu with its unique mix of Japanese, Brazilian, and Peruvian culture and cuisine, the restaurant has locations in London, Doha, Edinburgh, Las Vegas, and Dubai.

Through the acquisition, SushiSamba will be able to initiate its long-term investment strategy for the firm establishment and expansion of its portfolio consisting of high-end hospitality, food and beverage, real estate, and leisure destinations.