The UAE-born F&B group Epik Food has announced the acquisition of 1762 from Yolk Brands, signalling a major step in Epik Foods’ growth plans.
The deal signals a major step in Epik Foods’ growth plans, backed by a US$15.5M private capital investment from Ruya Private Capital designed to expand Epik Foods’ existing portfolio of 60 brands across 50 locations. As part of the strategy, the group has already locked in 1762’s first Saudi location, setting the stage for further GCC expansion. While the brand’s identity remains intact, Epik Foods will step in to streamline operations and boost efficiencies.
Khaled Fadly, CEO and Co-Founder of Epik Foods, said: “1762 is a brand with a rich legacy and enormous potential, recognised for its deep connection with customers and lasting impact in the F&B landscape. Its strong reputation for quality food, exceptional service and a gourmet deli dining experience make it a perfect addition to our portfolio. By acquiring 1762, we can expand our reach in gourmet dining and catering sectors, diversify our offerings and fuel the brand’s potential to enter new markets, starting with Saudi Arabia and extending across the wider region. We’re excited to build on the success of 1762 and leverage our operational expertise to streamline efficiencies and improve the overall experience.”
