- Global private equity firm The Carlyle Group on Wednesday announced it had acquired a 42 percent stake in Alamar Foods from the Al-Jammaz family of Saudi Arabia, which will continue to hold a majority stake.
- The transaction closed on Dec.
Alamar is a master franchise operator of Domino’s Pizza and Wendy’s hamburgers for the MENA region (except for Wendy’s in Saudi Arabia) with 185 restaurants across 11 countries; and a food processor supplying the quick service and casual dining restaurant industry selling under the “Premier” brand.
Abdulaziz Al-Jammaz, chairman of Alamar, said: “We are proud of our achievements over the past 20 years. The company has demonstrated excellent performance and growth. Carlyle has a strong understanding of our business and shares our vision. Our mutual priority will be to maintain our high level of customer satisfaction as this is integral to our success.”
Walid Musallam, Carlyle managing director and head of Carlyle MENA Partners, said: “The food sector in the MENA region is well-established and growing. Alamar’s strong market position and clear growth strategy give it great potential. We fully endorse their business model and support their strategy to invest in, and scale up, their premier food business.

