Pan Pacific International’s US subsidiary to buy Mikuni Restaurant Group
The deal will close in the second quarter of 2025.
14 February 2025
14 February 2025
The deal will close in the second quarter of 2025.
Taleed by Michael Mina is situated in the Bab Samhan Hotel in Diriyah.
The facility is expected to be operational by 2027.
The deal could value the company at $1bn, including debt.
The company's year-end revenue increased to $8.4bn in 2024 from $7.02bn in 2023.
The fast food restaurant chain is set to open its 100th store on 15 February 2025.
The local market has five existing locations with more in the pipeline.
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