Dubai, August 25, 2025 (Qahwa World) – Burgerizzr, the Saudi-based fast-food chain, announced the signing of an agreement to acquire 60% of Coffee Bean Trading Company, the owner of the café brand “Shuffle.”
In a statement released on Tadawul Saudi Exchange on Sunday, Burgerizzr explained that this strategic acquisition is part of its growth plan to expand into the café sector and strengthen its position in the wider food and beverage market. The company emphasized that the deal will enhance long-term value for its shareholders.
Coffee Bean Trading Company, which owns the “Shuffle” brand, currently operates seven branches and aims to expand further, building a strong presence in the café segment.
Burgerizzr confirmed that the acquisition will be financed through its own resources, subject to the fulfillment of contractual conditions and regulatory approvals in Saudi Arabia. The company also highlighted that it will disclose any material developments in due course and clarified that there are no related parties involved in this deal.
Earlier this month, on August 5, the Saudi Capital Market Authority approved Burgerizzr’s request to increase its capital by 60% through the issuance of bonus shares. According to the company’s statement on Tadawul, the capital increase will be executed by capitalizing SAR 21 million from retained earnings through the issuance of 21 million new shares. Each shareholder will receive three bonus shares for every five shares held.
As a result, the company’s capital will rise from SAR 35 million to SAR 56 million, distributed across 56 million shares. Burgerizzr noted that the entitlement of bonus shares will be granted to shareholders registered with the Securities Depository Center (Edaa) by the end of the second trading day following the extraordinary general assembly meeting, the date of which will be announced later.
The Capital Market Authority stipulated that the extraordinary general assembly meeting must be held within six months from the date of approval of the capital increase, with Burgerizzr required to complete all related regulatory procedures.
