US-based investment firm ICV Partners has completed a $130m acquisition of Buffalo Wild Wings (BWW) franchisee Diversified Restaurant Holdings (DRH) in the US.
British convenience retail operator EG Group has acquired The Herbert Group, one of the largest KFC franchisees in the UK and Ireland.
Foodservice distributor US Foods has signed a definitive agreement to acquire Smart Foodservice Warehouse Stores for $970m in cash.
South African firm Grand Parade Investments (GPI) is set to divest its 95.36% stake in Burger King franchise to ECP Africa Fund.
Health foundation Dohmen has acquired Chicago-based start-up Cooked, which delivers healthy meals across the US every week.
BBQ Holdings has signed an agreement to acquire the assets of Granite City Food and Brewery, which operates casual dining restaurants in select US markets.
The UK’s Domino’s Pizza Group (DPG) has agreed to divest the entire shareholding in its loss-making Norwegian business to existing minority shareholders.
Askar Brands division Southeast Enterprise Holdings (SEH) has acquired 47 Dunkin’ restaurants in South Florida, US.
American investor Bill Ackman has exited his position in Starbucks as the coffeehouse chain’s business has been affected by the coronavirus outbreak in China.
Competition Commission of India (CCI) has approved the proposed merger between Yum Restaurants (India) and Devyani International.