REEF, an operator of delivery kitchens, logistics and proximity hubs in North America, has acquired Dubai-based iKcon Restaurant LLC, marking Reef's first major transaction in the MENA market. "We are excited to welcome iKcon and its team members to REEF's global proximity platform," Tommy Rosen, head of Development at REEF, said in a company press release. "The past three years have taught us the importance of pursuing our vision with commitment and passion, driven by a world-class team. Today, we are thrilled to join the REEF team and to continue our journey of bringing innovation to neighborhoods everywhere. REEF's leadership in proximity will play a great role in accelerating our regional expansion plans.

Source: The North Africa Journal November 08, 2021 20:45 UTC