Category: Restaurant Industry News

Helbiz Kitchen opens ghost kitchen in New York City

businessnewstoday- April 11, 2023

Helbiz Kitchen, a subsidiary of Inc., has opened its first ghost kitchen in New York City. The ghost kitchen is situated at West 38th ... Read More

Riveter Capital acquires food service provider Twelve Oaks Catering

businessnewstoday- April 1, 2023

American private equity firm Riveter Capital has acquired food service provider Twelve Oaks Catering Company, which provides meals to children in Dallas, Texas. The financial ... Read More

Helbiz Kitchen opens kitchen in Los Angeles’ Westwood neighborhood

businessnewstoday- March 11, 2023

Helbiz Kitchen, a Helbiz company, has launched its second kitchen in Los Angeles, in the Westwood area to bring cuisines from around the world and ... Read More

Xperience Restaurant Group acquires restaurant portfolio from RM Restaurant Group

Raghuram Kadari- March 6, 2023

Xperience Restaurant Group, a casual and fine dining operator, has acquired Texas-based Rio Mambo Tex Mex y Mas and THE RIM scratch craft eats from ... Read More

McWin to acquire majority stake in German casual dining chain L’Osteria

Raghuram Kadari- January 26, 2023

McWin will acquire a majority stake in L’Osteria, a casual dining operator in Germany and Austria to further accelerate its expansion both in the DACH ... Read More

Foodtastic to acquire Canadian fast casual restaurant franchise Freshii

Raghuram Kadari- December 23, 2022

Canadian restaurant brands franchisor Foodtastic will acquire Freshii, a healthy fast food restaurant chain, in an all-cash transaction valued at around CAD 74.4 million ($55 ... Read More

CenterOak Partners sells Wetzel’s Pretzels to MTY Food Group

businessnewstoday- December 11, 2022

CenterOak Partners has wrapped up the previously announced $207 million sale of Wetzel’s Pretzels to MTY Franchising USA, a fully-owned subsidiary of MTY Food Group. ... Read More

Reborn Coffee to acquire specialty coffee shop and roasting R&D facility in Daejeon

businessnewstoday- December 10, 2022

Reborn Coffee, a specialty coffee retailer based in California, has inked a binding letter of intent (LOI) for acquiring a specialty coffee shop and a ... Read More

Spanish restaurant operator AmRest to sell KFC business in Russia to Almira

businessnewstoday- December 8, 2022

AmRest Group, a Spanish multi-brand restaurant operator, has entered into a deal to sell its KFC restaurant business in Russia to Almira. The casual dining, ... Read More

Fleming’s Prime Steakhouse & Wine Bar to open in Fort Lauderdale today

Raghuram Kadari- December 7, 2022

American steakhouse restaurant chain Fleming's Prime Steakhouse & Wine Bar today will open a new restaurant destination in Fort Lauderdale, Florida, bringing its culinary mastery, ... Read More