21 Hrs
Source:
الاقتصادية
Mir Group Invests in Eslab Turkey
The UAE-based Mir Group announced its acquisition of 70% of the Turkish company Islap, owner of the specialty coffee brand "Espresso Lab," marking their first international acquisition since going public on the Abu Dhabi Securities Exchange at the end of 2024. This deal is part of their strategy to diversify their investment portfolio by adding a specialized brand in the café sector that operates on a franchise model, with the founders retaining a 30% stake in the company. The completion of the deal is contingent upon meeting regulatory requirements and obtaining the necessary approvals.
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