Dubai-based Shamal Holding has finalised the acquisition of Sushisamba Group, gaining full controlling interest in the Sushisamba restaurant brand.
As part of the new structure, and having already owned 50% of Sushisamba since 2014, Shamal Holding now takes full controlling interest in the brand and its operational activities across all international locations.
Founded in 1999 with its first restaurant in New York, Sushisamba has grown into a globally sought-after dining and entertainment experience, celebrated for its unique fusion of Japanese, Brazilian, and Peruvian cultures and cuisines.
“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,” said Abdulla Binhabtoor, Chief Portfolio Management Officer, Shamal Holding.
Known for its expanding global footprint, Sushisamba has restaurants in London, Doha, Edinburgh, Las Vegas, and Dubai. The Dubai location, established in 2021 on the Palm Jumeirah, earned the title of Favourite Fusion Restaurant at the Fact Dining Awards Dubai within a year of opening. Situated on the 51st floor of the St. Regis Dubai, Sushisamba Dubai offers stunning views of the city skyline and Arabian Gulf and has been shortlisted for Best Fusion Restaurant in 2023.
“For nearly a decade, Shamal Holding has been a key partner in the Sushisamba’s success story,” said Omar Gutierrez, co-CEO of Sushisamba Group. “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 worldwide,” he added.
This acquisition aligns with Shamal Holding’s investment strategy to curate exceptional experiences in the region. It underscores their focus on developing an international portfolio comprising upscale hospitality, food and beverage, real estate, and leisure destinations.
