GulfBase Live Support
Kuwait Food Company-Americana (known as: FOOD) is a public company based in Kuwait City(Kuwait) and was established in December 1964. FOOD is listed on the Boursa Kuwait since September 1984. The company is one of the largest and most successful corporations in the Middle East and North Africa (MENA)region. Its main lines of business are operating food & beverage outlets, as well as manufacturing food products. It is primarily involved in the import, manufacture and sale of food stuff and beverages, whilst also investing its surplus funds in investment portfolios managed by professional parties and companies. Having a network of more than 1,800 outlets, it is not only the largest operator of restaurant chains in the MENA region, but also among the most successful franchise operators in the whole world. Its activities are structured into two segments: restaurant and retail; and manufacture and trade. It is active in the business of meat and poultry, dairy foods, canned food, vegetables, frozen potatoes, and salty snacks. Moreover, it provides its products under popular brand names like: Pizza Hut, KFC, TGI Friday's, Hardee's, Costa Coffee, Signor Sassi and Krispy Kreme. The subsidiaries of the company include: Americana International Company (Safeway), Al Ahlia Restaurants Co., Arab Gulf for Food and Central Markets Co.and Al Ahlia for Food Industries Co., among others.
Americana Group (Kuwait Food Company) said Thursday that it has posted profits totaling KD 44 millions (equivalent to $146 million), in the first nine....
The Public Investment Fund (PIF) is to acquire a 50 percent stake in a UAE firm which last month took control of Kuwaiti food giant Americana.
....
Kuwait Food Co (Americana) posted a 31 per cent rise in second-quarter net profit on Monday. The operator of restaurant franchises in the Middle East,....
An investment group led by prominent Dubai businessman Mohamed Alabbar has agreed to buy a majority stake in Kuwait Food Co (Americana) from the....
Kuwait Food Company (Americana) is back in talks to sell a majority stake to a group of Gulf investors just days after negotiations collapsed over....