The Clap
Derayah, a private equity fund, signed a contract to acquire a minority stake in Ratio Specialty Company, which owns Ratio, a company specializing in the manufacturing and selling of coffee.
What
The fund indicated that the “specialized percentage of trade” is based in Al-Ahsa, which started in 2018 with a clear plan of action and a systematic strategy.
The company was then able to expand in KSA with the commercial franchise model, with the number of “Ratio” branches expected to reach 45 by the end of 2022.
So What
This is the fund’s second acquisition after acquiring a stake in “Hala Bostani“.
Now What
Ratio Specialty Co. has a clear roadmap to list the company in Saudi Tadawul in the coming few years.
The company will work with Derayah to implement this plan.
