Acquiring Company
DIAFA
Acquired Company
Richard Caring's hospitality portfolio
Description
DIAFA has acquired a majority stake in Richard Caring's extensive hospitality portfolio for over £1 billion. This acquisition includes well-known establishments like Annabel's and The Ivy Brasseries, enhancing DIAFA's presence in the UK. Mr. Caring will remain as executive chairman, guiding the brands into new markets. The deal underscores the growing ambition of UAE firms in the global luxury sector.
Quick answer
DIAFA is acquiring Richard Caring's hospitality portfolio, announced April 12, 2026. DIAFA is based in Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates.
- How much did DIAFA pay for Richard Caring's hospitality portfolio?
- The deal value was not disclosed.
- What does DIAFA do?
- DIAFA is a luxury hospitality company based in Abu Dhabi.
- Where are DIAFA and Richard Caring's hospitality portfolio based?
- DIAFA is based in Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates. Richard Caring's hospitality portfolio is based in Greater London, England, United Kingdom.
Source: Fundz verified event record.
Other recent acquisitions in Food and Beverage and Hospitality
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- The Perfect Purée acquires Strongwater for growth (May 20, 2026)
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- Anadolu Efes to acquire Tari? Üzüm for expansion (May 5, 2026)
- Pappas Restaurants acquires On the Border brand (May 1, 2026)
- OpenTable acquires Canadian platform Libro (April 20, 2026)
Who to call at DIAFA, and when
When DIAFA changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day DIAFA raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at DIAFA, from your own LinkedIn network
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Frequently asked
Who acquired Richard Caring's hospitality portfolio?
Richard Caring's hospitality portfolio was acquired by DIAFA, based in Abu Dhabi. The deal was reported on April 12, 2026. DIAFA is a luxury hospitality company based in Abu Dhabi. It aims to consolidate leading hospitality brands into a scalable platform. DIAFA is privately held and operates in Food and Beverage.
When did DIAFA acquire Richard Caring's hospitality portfolio?
DIAFA's acquisition of Richard Caring's hospitality portfolio was reported on April 12, 2026. DIAFA has acquired a majority stake in Richard Caring's extensive hospitality portfolio for over £1 billion. This acquisition includes well-known establishments like Annabel's and The Ivy Brasseries, enhancing DIAFA's presence in the UK. Mr. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Richard Caring's hospitality portfolio do?
Richard Caring's hospitality portfolio includes renowned dining brands like Annabel's and The Ivy Brasseries. It features luxury restaurants and private members clubs in London. The portfolio is known for its high-end offerings and exclusive experiences. Mr. It is privately held, operating in Food and Beverage, and is based in Greater London.
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