Middleby acquires South Korea’s Icetro to grow beverage business
The deal will expand Middleby’s offerings in ice, adding a selection of cubed and flaked machines.
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Tea café chain Chaayos raises $53m to support expansion plan
The Indian café chain plans to add 100 more outlets by the end of the year.
Cloud kitchen firm Kytchens secures funding to expand in India
The company also intends to use the capital for building an agile workforce.
McDonald’s looking to divest South Korean business
The planned divesture is said to be due to rising costs and wages, as well as new entrants into the…
Noi-M acquires Pizza Hut’s Russian franchise
All 50 Pizza Hut stores in Russia will be rebranded following the deal.
South Korea’s SPC Group buys French restaurant chain Lina’s
SPC Euro acquired a 100% stake in Lina's Developpement, the restaurant chain’s owner and operator.
Food delivery app Yummy secures $47m funding to spur growth
The company, which has 2.5 million registered users, will use money to increase product offering and widen coverage.
DoorDash concludes $8.1bn acquisition of food delivery platform Wolt
Wolt’s CEO Miki Kuusi will oversee combined company's team and operations outside the US.