Alamar Foods Company announced on April 30, 2026 the completion of its acquisition of 100% of the shares in Al-Shaghaf Arabia Limited Liability Company from Cravia Group Limited for a final purchase price of SAR 84,810,420. Al-Shaghaf Arabia holds the exclusive franchise rights for the Five Guys brand in Saudi Arabia and operates 13 restaurants in the Kingdom. The acquisition procedures were completed on April 29, 2026, following satisfaction of all conditions precedent including regulatory approvals and franchisor consents. The financial impact will appear in the company's financial statements starting from the second quarter of 2026.

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