REEF has announced a joint venture to open cloud kitchens that will operate REEF, Americana and third-party brands throughout the Middle East and North Africa.
“As REEF continues its international expansion, this highly strategic partnership is a milestone that will serve as a model for the ways our ecosystem can deliver rich market-backed content to new locations in a way and at a pace that wasn’t possible before,” said Ramez Shehadi, President of International & Chief Growth Officer at REEF. “We look forward to growing this relationship and replicating it across many priority markets in the near future.”
While building its infrastructure on recently announced acquisitions in the Middle East. The joint venture will strengthen and accelerate REEF’s rapid global expansion through Americana’s well established real estate portfolio and end to end value chain throughout the region.
REEF has a proximity ecosystem of over 8,000 locations and a team of over 18,000 team members. The company established its presence in the Middle East in August 2021. To date, the company has partnered with a number of international brands to bring its cloud kitchens concept to local neighborhoods, including MrBeast Burger in Dubai and Another Wing, which REEF globally launched in partnership with DJ Khaled, opening 165 locations in 3 continents, at the same time.
“By uniting the region’s largest and most established F&B operator with REEF’s culinary ecosystem, this partnership will bring convenient access to some of the most loved brands to neighborhoods across the Middle East and North Africa,” said Michael Beacham, President of REEF Kitchens. “Americana is renowned for their outstanding operations and a deep commitment to quality. We look forward to an enduring partnership and helping to build the future of the industry together.”
