Temasek stake values 'Salt Bae' Turkish restaurant owner at $1.6 billion

Temasek stake values 'Salt Bae' Turkish restaurant owner at $1.6 billion
PHOTO: Instagram/Nusr_et

ISTANBUL - Singapore's Temasek and Britain's Metric Capital have bought into Nusr-Et steakhouse owner D.ream in a deal valuing the Turkish firm at $1.2 billion (S$1.6 billion).

Nusr-Et was made famous by butcher-turned-social media star Nusret Gokce, who went viral under the nickname "Salt Bae" in 2017 after posting videos of himself salting meat.

Salt Bae's distinctive cobra-like manoeuver earned Gokce more than 12 million Instagram followers and has helped launch Nusr-Et restaurants in the Middle East, New York and Miami.

on Twitter

Dogus Restaurant Entertainment and Management, which has a presence in 170 locations in 12 countries, said on Monday state-owned Temasek Holding and Metric Capital had paid US$200 million for a 17 per cent holding.

Purchase this article for republication.

BRANDED CONTENT

SPONSORED CONTENT

Your daily good stuff - AsiaOne stories delivered straight to your inbox
By signing up, you agree to our Privacy policy and Terms and Conditions.