South Korean firm CJ CheilJedang (CJCJ) has agreed to acquire an 80% stake in Schwan’s and its subsidiaries operating in the food and retail segments.

The $1.84bn deal involves the sale of the company’s production and logistics channels, along with its professional and administration wings.

Schwan’s will retain the remaining 20%, as well as 100% of its home-delivery business, upon completion of the transaction.

CJCJ will administer the food business as a subsidiary of CJ Foods America and operate the business from its headquarters in Minnesota, US.

The Restaurant Group (TRG) has signed a conditional agreement to acquire Wagamama for £559m ($713.6m).

The overall share capital of Wagamama operator Mabel Topco will be purchased by TRG, under the deal.

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The purchase consideration will include £357m ($456m) in cash and assumption of £202m ($258m) net debt, which will be funded using cash, new debt, and a rights issue.

The combined firm will convert TRG sites into Wagamama locations and the latter’s UK concessions.

The companies will also focus on delivery methods using restaurants and delivery kitchens, as well as global expansion with the help of Wagamama’s presence.

“The technology platform of GrubHub and Tapingo’s college meal plans and point-of-sale systems will be integrated for taking and delivering orders.”

Wagamama will continue to operate as an independent division of TRG, following the acquisition.

TRG is the brand owner of Frankie & Benny’s restaurant chain, while Wagamama is an Asian-themed restaurant chain.

Both the companies involved in the transaction are based in the UK.

Lagardère Travel Retail has acquired Hojeij Branded Foods (HBF) for $330m.

The cash-free/debt-free deal is expected to improve Lagardère’s business in the premier airport foodservice operator sector and strengthen its commercial and financial position in the North American market.

The companies will combine their food service operations and create a new segment under the brand Paradies Lagardère.

The new unit will introduce new restaurant experiences from brand partners and exclusive concepts such as full service, fast casual, and quick serve in 42 airports.

The alliance is expected to generate a business of $1.1bn in the travel, retail and foodservice sectors in North America.

Hojeij Branded Foods (HBF) is a North American airport foodservice operator, whereas Lagardère Travel Retail, a part of French conglomerate Lagardère Group, is a premier airport foodservice operator.

Landcadia Holdings has acquired Waitr for $308m.

Landcadia has concluded an $85m financing from Luxor Capital Group, under the terms of the deal. The funding includes a $25m term loan and issuance of convertible bonds worth $60m.

Landcadia has been renamed as Waitr Holdings, following the completion of the transaction.

Landcadia Holdings is a special-purpose acquisition company, while Waitr is a restaurant platform.

Both the companies involved in the transaction are based in the US.

Cava Group has acquired Zoe’s Kitchen for approximately $300m.

The all-cash transaction involved a payment of $12.75 a share to the shareholders of Zoe’s Kitchen.

CAVA has already begun operations for the joint firm and intends to expand its geographical presence.

The combined entity will be operated by CAVA from its new headquarters in Washington DC, US.

CAVA Group is a Mediterranean culinary brand, while Zoe’s Kitchen is a fast-casual restaurant group in the US.

GrubHub has acquired Tapingo for $150m, which was funded using cash on hand and its existing credit facility.

Based in the US, GrubHub is a food-ordering marketplace, whereas Tapingo is a campus food ordering platform.

The technology platform of GrubHub and Tapingo’s college meal plans and point-of-sale systems will be integrated for taking and delivering orders.

The integration of Tapingo’s network and Grubhub’s restaurant marketplace and delivery channels will better serve students and campus restaurants.