Al Masah Capital acquires Johnny Rockets franchise owner for the UAE and Oman

RetailME Bureau

Diamond Lifestyle, the food and beverage arm of Dubai-based private equity firm Al Masah Capital, has acquired Al Faris Restaurant, owner of California-based burger chain Johnny Rockets franchise for the UAE and Oman.

“We look forward to expanding the Johnny Rockets footprint in the UAE and Oman,” shares Amitava Ghosal, a partner at Al Masah Capital and director of Diamond Lifestyle.

Johnny Rockets forayed into the UAE in 1996 with an outlet in Jumeirah. Currently it has eight restaurants in Dubai, four in Abu Dhabi and two in Ras Al Khaimah. The chain has more than 120 restaurants outside the US and expects to double the figure by 2017.