Announced
Completed
Financials
Tags
Single Bidder
specialty foods
Private
Cross Border
Completed
Acquisition
Private Equity
beverage products
Majority
Friendly
United Arab Emirates
Food Products
Synopsis
The Chefs’ Warehouse, a distributor of specialty food products, completed the acquisition of Chef Middle East, a specialty food distributor with operations in the United Arab Emirates, Qatar and Oman, from Gulf Capital, an alternative asset management firm in the Gulf and Southeast Asia. Financial terms were not disclosed. "This is exciting news for The Chefs’ Warehouse, our partners, employees and our new colleagues at Chef Middle East. Similar to our positioning in the US and Canada, CME is the premier provider of specialty food products to the higher-end restaurants, hotels and catering establishments in the region. Their product portfolio mirrors ours in many ways and includes high-quality imported specialty foods, meat and seafood, pastry and bakery goods along with broadline product lines. We thank Gulf Capital for entrusting us to continue the growth of CME into a leading foodservice player," Christopher Pappas, The Chefs’ Warehouse Chairman and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.