Category: Restaurant Industry News
NRD Capital to sell fast casual restaurant Fuzzy’s Taco Shop to Dine Brands
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
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
Britt Café & Bakery opens gourmet cafeteria in Santiago de Chile airport
Britt Café & Bakery, a Costa Rican brand, has opened a gourmet cafeteria in Chile, which is located in the Santiago de Chile airport’s new ... Read More
McDonald’s to sell Russian fast food restaurants to Alexander Govor
McDonald’s Corporation said that it has signed a sale and purchase agreement to offload its Russian business to its existing licensee Alexander Govor. The financial ... Read More
Fast food giant McDonald’s to exit Russia, launches sale process
McDonald's Corporation said that it would pull out from the Russian market and has launched a process to divest its business in the country following ... Read More
Smoothie King deploys ParTech restaurant technology for payment processing
ParTech, a restaurant technology company, said that US smoothie chain Smoothie King has selected the company’s technology for secure, compliant payment processing services at its ... Read More
US Foods to open new CHEF’STORE locations in Visalia and Lynchburg
Foodservice distributor US Foods Holding Corp. revealed plans to open a couple of new US Foods CHEF’STORE locations in Visalia, California, and Lynchburg, Virginia. CHEF’STORE ... Read More
DoorDash to acquire Finland-based Wolt Enterprises in €7bn all-stock deal
DoorDash, an American online food delivery service, is proposing to acquire Finnish competitor Wolt Enterprises in an all-stock deal valued at around €7 billion. In ... Read More
Tata Consumer Products to offload Tata Cha business to IHCL
Tata Consumer Products said that it will offload its Tata Cha business to Qmin-Shops, a lifestyle gourmet store chain operated by a subsidiary of Indian ... Read More
Westlife Development to add 150-200 McDonald’s restaurants across India
Westlife Development, which owns and operates McDonald's restaurants in southern and western India, will invest INR 800-1,000 crores in the next 3-4 years to add ... Read More