Latest News

Americana backs Adeptio takeover  10 Jan 2017

The board of Americana Group, also known as Kuwait Food Co., has endorsed the offer from its majority shareholder, Adeptio, to acquire the remaining shares in the company the investment firm does not already hold. 


Adeptio 'strikes deal for majority of Americana' 20 Jun 2016

Adeptio, the Gulf investment fund, has secured agreement with the majority investor in Kuwait Food Co. to buy its shares in the food manufacturing and restaurant business.


Kuwait Food Co. 'restarts sale talks' 15 Jun 2016

More to follow


Americana 'scraps stake sale to Adeptio' 31 May 2016

Americana, also known as Kuwait Food Co., has reportedly abandoned plans to sell a majority stake to Gulf investment group Adeptio. 


Americana posts Q1 profit fall despite sales rise 13 May 2016

Profits at Kuwait Food Co. fell in the first quarter of the year despite higher sales.


Americana posts FY profit fall 24 Mar 2016

Kuwait Food Co. saw its profits fall in 2015 despite an increase in sales.


Americana majority shareholder to sell to Dubai-based investors Adeptio 4 Feb 2016

Kuwait Food Co. has reached an agreement to sell a 69% stake in the business to a Dubai-based investor group, Adeptio, led by Emaar Properties chairman Mohamed Alabbar.


Kuwait Food Co. posts Q3 profit rise 11 Nov 2015

Kuwait Food Co. has booked higher sales and profits for the third quarter of 2015.


Americana denies bid receipt 10 Sep 2015

Kuwait Food Co. has said it is not aware of any bids for a stake in the company after reports Saudi Arabia's Savola Group and Singapore investment fund Temasek Holdings had made an offer for the business.


Savola, Temasek 'in joint bid for Americana' 7 Sep 2015

Saudi Arabia's Savola Group has reportedly tabled a joint bid with Singapore investment company Temasek Holdings for Kuwait Food Co.