Development Holding (DH) has announced its acquisition of The Fragrance Kitchen (TFK), founded by Sheikh Majed Al-Sabah. This acquisition marks a significant step in DH’s strategy to expand its investment portfolio and reinforce its commitment to supporting and developing leading projects.
TFK was established in Kuwait in 2012 by Sheikh Majed Al-Sabah and has gained local and international fame for its exceptional fragrances. Inspired by childhood memories filled with scents such as oud and Taif rose, Sheikh Majed founded the company as a luxury fragrance brand based on personal blends created for friends and family.
At DH, investments are more than just financial transactions; they are opportunities to empower dreams and drive progress toward a sustainable environment. Talal Al-Ajmi’s approach is rooted in a deep understanding of human potential and a commitment to nurturing innovative ideas. DH’s investment philosophy embraces storytelling as a powerful tool to connect financial strategy with wise leadership. Their portfolio reflects strategic partnerships with diverse institutions, ranging from startups to established leaders, all united by a shared commitment to innovation and excellence.
