Carlyle Group, a private equity firm headquartered in the United States of America, has bought 42 per cent stake in Alamar Foods.
Carlyle Group, a private equity firm headquartered in the United States of America, has bought 42 per cent stake in Alamar Foods. The latter is the master franchise operator for brands namely Domino's Pizza and Wendy's in the Middle East and North Africa (MENA). Carlyle bought the stake from the Al Jammaz Group. Alamar Foods is based in Saudi Arabia. Besides, the Domino's Pizza and Wendy's franchises, Alamar also has a food processor called Premier, which supplies to the fast food outlets.