Fajr Capital, a leading private equity investor in high-growth markets across the Middle East and Asia, completed the acquisition of Cravia Group, one of the fastest-growing food and beverage platforms in the Middle East. Financial terms were not disclosed. Fajr Capital’s investment in Cravia will support the Company to strengthen its leadership position in the regional food and beverage sector and accelerate its immediate growth plans. Cravia’s management team will leverage Fajr Capital’s global network to increase the Company’s presence in existing markets and penetrate new markets such as Bahrain and Qatar. “Cravia is one of the most successful and exciting F&B platforms in the Middle East. We are delighted to announce our investment in Cravia at such an important stage in the company’s growth trajectory and look forward to expanding the business in our constituent markets. We are confident that Walid and Louay, in partnership with the world-class management team already in place, will drive the company’s continued growth, while maintaining Cravia’s guiding principles of loyalty, integrity, dynamism and excellence,” Iqbal Khan, Fajr Capital CEO.