Foodics Completes Full Acquisition of Greek AI Firm Norma to Build Out Its AI Division
The Saudi restaurant-tech leader took 100% of Greece-based Norma AI, building on a stake acquired in Q1 2025, folding its natural-language analytics tools into a platform used by 10,000-plus branches.
Foodics, the MENA restaurant operations and payments platform, announced on 22 June 2026 the completion of its full acquisition of Norma, a Greece-based AI company built for hospitality. The deal builds on an initial stake taken in Q1 2025, with Norma's team joining Foodics' dedicated AI division.
Norma's Analytics Agent and BI application, already used by more than 10,000 Foodics customer branches, have been fully integrated into the platform. Foodics has earmarked $100 million for acquisitions and investments and is pursuing a pre-IPO fundraise as it scales across the GCC, Egypt and Jordan.