Shamal Holding, a diversified investment firm that manages a portfolio of investments, assets and experiences, has completed the acquisition of Sushisamba Group.

Having already owned 50% of Sushisamba since 2014 Shamal Holding has now taken full controlling interest of the award-winning restaurant brand, and its operational activities across all international locations.

After opening its first restaurant in New York in 1999, Sushisamba has become one of the most sought-after dining and entertainment experiences and premier restaurant groups with its unique blend of Japanese, Brazilian and Peruvian culture and cuisine, a statement said.

With a fast-growing global presence, Sushisamba boasts two London restaurants with epic views of the city, alongside spectacular locations in Doha, Edinburgh, Las Vegas, and Dubai.

The brand opened its doors in Dubai in 2021, where, within a year, it was named the Favourite Fusion Restaurant by Fact Dining Awards Dubai. Located on the iconic Palm Jumeirah, Sushisamba Dubai offers views of the Dubai skyline and Arabian Gulf from the 51st floor of the St Regis Dubai.

The restaurant has also been shortlisted for Best Fusion Restaurant 2023.

Abdulla Binhabtoor, Chief Portfolio Management Officer, Shamal Holding, said: “Sushisamba is one of the most highly acclaimed concept restaurants in the world. Having formed a strong partnership with the Sushisamba team since 2014, we look forward to applying our resources and know-how to drive accelerated growth for the business and its continued evolution as an iconic restaurant experience and lifestyle brand.”

Binhabtoor said: “Sushisamba enhances our global hospitality portfolio which already includes a number of extraordinary assets as part of a globally diversified portfolio, mirroring Dubai’s ambition, spirit and energy.”

Omar Gutierrez co-CEO, Sushisamba Group said: “For close to a decade, Shamal Holding has been a key partner in the Sushisamba’s success story. Over that time, we have formed a strong partnership, working closely to drive growth across our operations.

“The move signifies more than a shift in structure, it demonstrates a deepened commitment to our growth and evolution enabling us to continue to thrive in this dynamic and creative market as an iconic restaurant experience and lifestyle brand around the world.” – TradeArabia News Service