Al Kuzama signs MoU to acquire 25% stake in catering firm

13/01/2026 Argaam- Nomu
Logo ofAl Kuzama Trading Co.

Logo of Al Kuzama Trading Co.

Al Kuzama Trading Co. signed today, Jan. 13, a non-binding preliminary memorandum of understanding (MoU) with Bandar Abu Saman, owner of Unique Food Catering Co., a single-member LLC, to acquire a 25% stake in the restaurant and fast-food company.

 

The final decision to proceed with the planned acquisition is subject to the completion of the company valuation; legal, financial, and operational due diligence; and the receipt of all required approvals from the relevant regulatory authorities, Al Kuzama said in a Tadawul filing, noting that the MoU runs for 90 days.

 

The financial impact of the potential acquisition will be assessed once approvals are obtained and the final share purchase agreement is signed, with no related parties to the deal.

 

The company indicated that the MoU does not create any binding legal obligation, adding that any related material developments will be announced in due course.

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