Category: Restaurant Industry News

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

NRD Capital to sell fast casual restaurant Fuzzy’s Taco Shop to Dine Brands

Raghuram Kadari- December 7, 2022

NRD Capital Management, an Atlanta-based middle-market private capital partner, has agreed to sell its Experiential Brands subsidiary’s unity Fuzzy’s Taco Shop to Dine Brands Global, ... Read More

Village Food Courts to bring fast-casual brands Capriotti’s and Wing Zone to India

Raghuram Kadari- November 12, 2022

Capriotti's Sandwich Shop and Wing Zone have entered into a 50-unit Master Franchise agreement with Village Food Courts (VFC), a Village Groupe company, to increase ... Read More