logo
logo

Shrimp Nation enters strategic partnership with Olive Rock Partners to expand its seafood brand.

Jul 09, 202513 days ago

Contract Type

partnership

JeddahHospitalityFood and Beverage

Description

Shrimp Nation has announced a partnership with Olive Rock Partners, who acquired a 30% stake in the business. This investment aims to support Shrimp Nation's expansion throughout Saudi Arabia and into international markets, leveraging the rising consumer demand in the F&B sector.

Company Information

Company

Shrimp Nation

Location

Jeddah, Makkah Region, Saudi Arabia

About

Shrimp Nation is a leading Saudi homegrown Food & Beverage brand known for its fast-growing seafood restaurant concept. Founded in late 2018, it has expanded rapidly, operating numerous branches across the Middle East. The brand emphasizes a modern dining experience and aims to redefine seafood dining in the region.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months