Announced
Financials
Tags
Cross Border
Acquisition
fine dining brand
Lebanon
Pending
Friendly
Single Bidder
Restaurants and Bars
Lebanese cuisine
Minority
Private
Synopsis
ADMO Lifestyle Holding, the joint venture between Alpha Dhabi Holding and Monterock International, agreed to acquire a 35.1% stake in Em Sherif, the distinguished Lebanese fine dining brand. Financial terms were not disclosed. “Our partnership with ADMO marks a pivotal moment for Em Sherif. Leveraging the strengths of scaling luxury F&B brands, as we celebrate an important milestone in the wonderful journey of Em Sherif, we anticipate unprecedented growth. While we expand, our commitment to delivering the authentic essence of Lebanese hospitality remains unwavering. This collaboration promises to elevate the Em Sherif experience and broaden our global presence,” Dani Chakour, Em Sherif Chairman.
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