Shamal, a diversified funding agency, born in Dubai, managing a world portfolio of investments, belongings and experiences, has acquired a majority stake in The Espresso Lab, an award-winning specialty espresso model recognized for its distinctive sourcing, roasting, and supply of ultra-premium espresso.
Based in 2015 by Emirati entrepreneur Ibrahim Al Mallouhi, The Espresso Lab has constructed a status for excellence in espresso craftsmanship, providing uncommon tons from the best farmers and producers hand-picked from across the globe.
Precision roasted espresso is both bought on to prospects by way of the model’s bodily and on-line shops, or by way of its wholesale operations community. Along with a retail outlet at its roastery in Al Quoz, the model has shops in Dubai Design District and Qasr Al Hosn in Abu Dhabi.
With its dedication to high quality and element, The Espresso Lab has turn into a favorite amongst espresso connoisseurs.
Shamal’s funding will gasoline The Espresso Lab’s enlargement, with plans to extend its retail footprint and roasting capability. Abdulla Binhabtoor, CEO of Shamal commented: “We spend money on manufacturers that mirror Dubai’s entrepreneurial spirit and dedication to excellence. The Espresso Lab embodies these values, and we’re assured that our partnership will drive vital progress and strengthen its market place.”
Ibrahim Al Mallouhi will proceed to guide The Espresso Lab, guiding its subsequent part of progress. “This partnership with Shamal is a testomony to the model’s success and status,” mentioned Al Mallouhi. “We’re excited to proceed our journey, bringing the world’s most interesting espresso experiences to extra espresso aficionados.”
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