International Holding Company to Acquire $1.3B Stake in Caring Group
The deal gives IHC a majority stake in a global hospitality portfolio spanning restaurants and private clubs.
International Holding Company, an Abu Dhabi-based investment firm chaired by Sheikh Tahnoon bin Zayed Al Nahyan, is acquiring a majority stake in British entrepreneur Richard Caring’s hospitality group in a deal valued at over $1.3 billion.
The transaction will be carried out through IHC affiliate DIAFA and covers a portfolio that includes high-end restaurants such as Sexy Fish, Scott’s and Noema, as well as private members’ clubs including Annabel’s, George and Mark’s Club.
The portfolio also includes The Ivy, which has expanded from a single site into a nationwide chain of more than 40 locations.
Caring will remain executive chairman, working alongside DIAFA to support the group’s next phase of global expansion.
The acquisition adds to IHC’s existing investments in the food and beverage sector, including stakes in Azumi Group—operator of Zuma and Roka—and hospitality assets under h.wood Group.
With a market value of approximately $232 billion, IHC has expanded its presence across sectors including finance, energy, consumer and technology, while continuing to deploy capital into international assets.
